Biden’s dirty oil deal with Venezuela – WSJ – The Wall Street Journal

Biden’s dirty oil deal with Venezuela – WSJThe Wall Street Journal US grants Chevron license to pump oil into VenezuelaThe Washington Post Biden eases sanctions on Venezuela to bolster talks between Maduro and the oppositionKATU The US gives Chevron permission to pump oil into Venezuela againAxios Biden allowing Chevron to drill in Venezuela ‘makes absolutely … Read more

Oil muted as price cap proposal eases supply concerns

G7 price cap on Russian oil could be above current trade levels EIA data on gasoline stocks show higher-than-expected build COVID-19 controls tighten in China Nov 24 (Reuters) – Benchmark Brent oil fell lower on Thursday as West Texas Intermediate (WTI) crude held steady, floating within sight of two-month lows as the level of a … Read more

Putin warns of ‘serious consequences’ for oil price caps

Russian President Vladimir Putin warned during a telephone conversation with the Iraqi prime minister on Thursday that Western plans to introduce oil price caps could have “serious consequences” for energy markets. “Vladimir Putin stressed that such actions are against the principles of market relations and are very likely to lead to serious consequences for global … Read more

Oil prices hit a 10-month low according to the OPEC+ production boost report

Saudi Arabia And Other OPEC Producers Looking To Increase Production -WSJ Chinese demand fears and the strong dollar are also weighing on prices LONDON, Nov 21 (Reuters) – Oil prices fell to their lowest level since early January on Monday after the Wall Street Journal reported that Saudi Arabia and other OPEC oil producers are … Read more

Nord Stream leaks confirmed as sabotage, says Sweden

Sweden says damage to Nord Stream lines was “gross sabotage”. Traces of explosives found on location during investigation Further investigation will show whether suspects can be identified STOCKHOLM, Nov. 18 (Reuters) – Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage has taken place, a Swedish … Read more

Russian missiles bomb Ukrainian energy installations and defense plants

Russia carries out new missile strikes in Ukraine Two deaths were reported overnight in southeastern Ukraine Gas production facilities damaged, says Naftogaz KYIV, Nov 17 (Reuters) – Russia on Thursday hit Ukrainian energy facilities and a massive rocket booster factory in a new spate of missile attacks that Ukrainian officials denounced as terrorism. Explosions were … Read more