Crude oil spikes most in three months as new Russia oil sanctions 'taken more seriously'
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...
energyintel4h
Opec-Plus Oil Output Retreats in December
Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.
Why Has Oil Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
Jimmy Carter’s Malaise Speech Would Have Been Brilliant, but It Was Missing 1 Key Phrase
Ironically, in a speech about a “crisis of confidence” Carter himself came across as not confident. Although he did lay out a plan, the speech lacked any single phrase that anyone could look at ...
Crude Oil Prices19d
The American Shale Patch Is All About Depletion Now
They note that President Nixon responded to the first OPEC oil crisis in 1973 by launching Project Independence, which aimed to reverse the decline in U.S. output through deregulation and ...
The New York Times21d
Iran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it is in a full-blown energy crisis that can be attributed to years of sanctions, mismanagement ...
retail.economictimes.indiatimes21d
The olive oil crisis may be over, but is it really?
It’s over — the olive oil crisis that gripped my kitchen is fading away. After two consecutive years of crop failures, Spanish olive farmers are now harvesting enough fruit to guarantee good ...
Seeking Alpha21d
OPEC Update - December 2024
The OPEC Monthly Oil Market Report for December 2024 was published ... For those who understand that climate change may be an existential environmental crisis, the scenario above would be ...
The New York Times23d
How the Climate Crisis Became an Insurance Crisis
But what if the thing that will make climate change feel like a crisis to most everyone is already underway across the country? What if it’s the erosion of something entirely mundane ...
Euronews24d
Video. Oil spill ravages Black Sea shores, causing major environmental crisis
Thousands of tonnes of mazut, a heavy oil product, spilled into the Kerch Strait in the Black Sea after two Russian tankers were severely damaged during stormy weather. The Volgoneft-212 ran ...
Reuters24d
Alex Lawler | Reuters
extends cuts into 2026 OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making ...