Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue
Posted inEmbargoes and Sanctions Europe European Union Group of Seven International Relations Oil (Petroleum) and Gasoline Russia Russian Invasion of Ukraine (2022) Supply Chain Ukraine United States International Relations

Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

The policy must be in place before an E.U. embargo on Russian oil imports kicks in on Dec. 5. The talks are set to resume next week.
Oil Prices Slide as Investors Worry Energy Demand Is Slowing
Posted inChina Economic Conditions and Trends Embargoes and Sanctions Energy and Power Europe International Relations International Trade and World Market Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022) Strategic Petroleum Reserve (US) United States United States Economy

Oil Prices Slide as Investors Worry Energy Demand Is Slowing

The U.S. benchmark oil price fell below $80 a barrel on Friday, and gasoline prices in some states are now close to $3 a gallon.