Latest in Oil futures settle at a 5 month high as U.S. tightens sanctions on Russian oil
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U.S. says Sudan's rebels have committed genocide and sanctions their leaders
The US determined Tuesday that members of Sudan’s Rapid Support Forces (RSF) committed genocide in Sudan and it imposed sanctions on the group’s leader.NBC News - 6d -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - Jan. 7 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
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Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...MarketWatch - Jan. 6 -
Biden bans new offshore oil and gas drilling along most of US coastline
Action will protect 625mn acres of ocean as outgoing president seeks to bolster environmental legacyFinancial Times - Jan. 6 -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - Jan. 6 -
Trent Alexander-Arnold's Liverpool future needs settling soon, for everyone's sake
After his lackluster display vs. Man United, Alexander-Arnold's contract situation feels all the more urgent.ESPN - Jan. 6 -
Biden bans new offshore oil and gas drilling in most U.S. coastal waters
President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced.CBS News - Jan. 6 -
Dozens of marine mammals found dead after oil spill
An animal rescue group said 61 dead cetaceans - an order of aquatic mammals that includes whales and dolphins - had been recorded since the oil spill.CBS News - Jan. 6 -
Biden to block all future oil drilling in 625 million acres of US oceans
President Joe Biden's landmark decision falls under the Outer Continental Shelf Lands Act.ABC News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
More than 30 dolphins have died since an oil spill near southern Russia, experts say
A dolphin rescue center in Russia says 32 dolphins have died since fuel oil spilled out of two storm-stricken tankers three weeks ago in the Kerch Strait near the Russia-occupied Crimean PeninsulaABC News - Jan. 5 -
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Oil tanker boss says UN maritime body ‘sleeping’ over dark fleet threat
Lars Barstad of Frontline insists it is ‘only a question of time’ before a significant maritime disaster takes placeFinancial Times - Jan. 5 -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
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‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows
Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise. Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest ...The Guardian - Jan. 4 -
5 truths about the Sixers with trade deadline nearly 1 month away
With just over a month until the trade deadline, here's what we've learned about the Sixers and the decisions ahead for Daryl Morey.Yahoo Sports - Jan. 4 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Wholesale gas price hits highest level in 14 months after Russian supplies stop
Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...The Guardian - Jan. 2 -
Helsinki arena to reopen in spring after being left in limbo by Russian sanctions
Finnish real estate company says deal for sports and entertainment venue will restore it to its former glory. Helsinki’s main sports and entertainment arena is expected to reopen in the spring ...The Guardian - Jan. 2 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Russian officials have warned of severe environmental damage as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two weeks ago in ...ABC News - Jan. 1 -
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Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31