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Congressional Push for Oil Sanctions Puts Biden in a Bind
Foreign Policy Magazine· 10 hours agoThe Biden administration has been loath to unleash the oil weapon to bring misbehaving countries to...
Will Namibia Become OPEC’s Newest Member?
Oilprice.com via Yahoo Finance· 4 days agoNamibia wants to join OPEC as it prepares to reap the benefits of its crude oil resources, with daily production capacity seen at an impressive 700,000 bpd in 2030—the first ...
Oil Holds Gain With Stockpile Data and Iran Sanctions in Focus
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil held a gain as a report showed lower US crude stockpiles, and traders tracked...
IMF Sees OPEC+ Oil Output Lift From July in Saudi Economic Boost
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- The International Monetary Fund expects OPEC and its partners to start increasing oil...
Russia squeezes Mideast, OPEC shares in India's oil market to historic lows
Reuters via Yahoo Finance· 5 days agoRussia became the top oil supplier to India during the fiscal year 2023/24 for a second year in a...
What’s Stabilizing Oil Markets in an Era of Unprecedented Turmoil
Barrons.com· 1 day agoThe relative calm reflects two forces effectively pulling in opposite directions, Yergin said. While...
Asian stocks rise on earnings optimism as US data approaches
AFP via Yahoo Finance· 1 hour agoAsian equities extended the week's gains Wednesday following a strong rally on Wall Street and...
Oil Rises as Risk-On Mood Counters Waning Geopolitical Concerns
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Oil gained as the prospect of looser monetary policy countered a decreasing premium...
US to reimpose oil sanctions on Venezuela over election concerns
Reuters· 6 days agoJust hours before the deadline, the U.S. Treasury Department announced on Wednesday that it had...
Oil Market Sees Iran Sanctions Having Muted Export Impact
Bloomberg via Yahoo Finance· 13 hours ago(Bloomberg) -- Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on...