Oil Prices Drop, Despite Heightened Sanctions on Russian Crude
Posted inBlack Sea Bosporus (Turkey) Chevron Corporation Embargoes and Sanctions European Union Exxon Mobil Corp International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Ships and Shipping Turkey

Oil Prices Drop, Despite Heightened Sanctions on Russian Crude

The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
U.S. Allows Chevron to Expand Energy Operations in Venezuela
Posted inBiden, Joseph R Jr Chevron Corporation Embargoes and Sanctions International Relations Maduro, Nicolas Oil (Petroleum) and Gasoline Politics and Government Treasury Department Trump, Donald J United States United States International Relations Venezuela

U.S. Allows Chevron to Expand Energy Operations in Venezuela

The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
Exxon and Chevron Rack Up Giant Profits
Posted inBiden, Joseph R Jr Chevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy

Exxon and Chevron Rack Up Giant Profits

Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.