A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
Category: Oil (Petroleum) and Gasoline
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Conflict Between Israel and Iran Adds to Oil Market Volatility
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about oversupply.
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Fears of a Global Oil Shock if the Mideast Crisis Intensifies
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
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What an Escalating Middle East Conflict Could Mean for the Global Economy
The biggest risk is a sustained increase in oil prices.
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Britain Backs Plan to Store Carbon Dioxide Under the Sea
Two proposals in Northern England, led by the energy giants BP and Eni, aim to establish an industry in burying emissions from industrial plants.
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Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.
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U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, the port workers strike and a devastating hurricane have injected uncertainty into the U.S. economy.
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Iran-Israel Fighting May Cause Oil Prices to Jump, Analysts Warn
An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.
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Why the Conflict Between Iran and Israel Has Raised Oil Prices Only Modestly
The fighting is increasing fears about oil supplies, but those worries are offset by greater global production and slowing demand in China.
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F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.