Stanley Reed
Posts
Angola to Quit OPEC in Dispute Over Oil Production Levels
Officials have been unhappy after the oil cartel, led by Saudi Arabia, pushed Angola and other countries to accept lower production ceilings.
What Does the Red Sea Crisis Mean for Oil Prices?
Many energy and shipping firms have begun rerouting tankers, adding delays and extra costs to journeys that would put upward pressure on oil prices.
BP Takes Tough Line With Former C.E.O. Over Relationships With Colleagues
The oil giant said Bernard Looney had “knowingly misled the board” about the relationships and was not entitled to $40 million.
Oil Producers Back Climate Deal Despite Fossil Fuel Language
At the United Nations climate conference, the final statement included elements that pleased oil and gas producers.
E.U. Relaxes Trade Rules on Electric Cars From Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
E.U. Relaxes Trade Rules on Electric Cars from Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
Oil Producers Fail to Agree on More Production Cuts
Oil prices fell after OPEC Plus’s year-end gathering failed to produce substantial cuts in output. But the group said Brazil, an oil giant, was expected...
In a Shaky Oil Market, OPEC Has Bitter Decisions to Make
Anticipating a drop in demand for 2024, major producers, led by Saudi Arabia, are trying to reduce supply.
Nissan Will Build 3 Electric Car Models at Its Plant in England
The company said it would build three electric models at its plant in northeast England, bolstering the future of Britain’s auto industry.
Why Are Oil Prices Falling While War Rages in the Middle East?
Energy markets have shrugged off the fighting between Israel and Hamas so far, focusing instead on forecasts of subdued demand.