OPEC+ expected to stay course on oil output boost
Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at their meeting on Thursday, despite pressure to further increase production.
G7 to work to ‘develop a price cap’ on Russian oil: US official
G7 leaders have agreed to work on a price cap for Russian oil, a US official said on Tuesday, as part of efforts to cut
Oil prices rebound on mixed day for global stocks
Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After
Big Oil meeting with US govt cordial but no miracle gas price fix
by Sebastian Smith / with John Biers in New York Biden administration officials and oil industry executives huddled in Washington on Thursday to discuss
Biden says ExxonMobil ‘made more money than God’
President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices deplete Americans’ wallets and the US leader’s popularity ahead
Russia says EU oil embargo to hurt European consumers ‘above all’
Russia on Thursday warned that European consumers will be the first to suffer after Brussels introduced a partial embargo on Russian oil over Ukraine. “As
Oil price rises even as OPEC boosts output more than expected
Oil prices rose Thursday despite an agreement by major crude producers to boost output more than expected, while US stocks rallied ahead of closely-watched
EU’s Russian oil ban unlikely to affect OPEC+ decision
by Emeline BURCKEL Saudia Arabia, Russia and their allies are likely to stick to their policy of modest oil output increases when they meet Thursday
War windfall: Russia expects $14B in additional energy revenue this year: minister
Russia expects to receive one trillion rubles in additional oil and gas revenues this year, the finance minister said Friday, adding that part of the
Environmental protesters force suspension of Shell AGM
Oil giant Shell was on Tuesday forced to temporarily suspend its annual general meeting because of disruption from climate change activists. Proceedings at the venue
