The US Treasury imposed sanctions on Gazprom Neft and Surgutneftegas as well as 183 vessels that have shipped Russian oil, many of which are in the so-called ‘shadow fleet’. News Service ...
Saudi Aramco, the world’s largest oil producer, announced a reduction in its propane and butane prices for January 2025. Propane prices are set at $580 per metric ton, a decrease of $30 from the ...
While the Biden administration opposes the oil and gas companies' efforts, President-elect Donald Trump, on the campaign trail, pledged to stop the "frivolous litigation." The city and county of ...
Oil prices rose on Friday, closing the week higher on the back of cold weather in Europe and the U.S. as well as additional economic stimulus flagged by China. Brent crude futures settled 58 cents, or ...