Latest in Blaze Major Oil
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GOP inches closer to retaining House majority
Control of the House has yet to be determined, as a number of critical races remain too close to call, leaving lawmakers — and voters — waiting to see which party will hold the majority next year. ...Politics - The Hill - 3 days ago -
North Korea ratifies major defense treaty with Russia
North Korea says it has ratified a major defense treaty with Russia stipulating mutual military aidWorld - ABC News - 10 hours ago -
Trump knocks critic Anthony Scaramucci as 'major loser'
President-elect Trump knocked his ex-White House communications director Anthony Scaramucci as a “major loser," in reaction to his constant criticism. Trump's rebuke of Scaramucci came just days ...Politics - The Hill - 12 hours ago -
Major verdict reached in Iraq abuse case
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Jury awards $42M to former Iraq prison detainees Three former ...Politics - The Hill - 2 hours ago -
House majority still up for grabs, race for Senate majority leader heating up among Republicans
Republicans are waiting to see if they'll take control of the House, but they've already secured a majority in the Senate where GOP lawmakers jockeying to replace outgoing Leader Mitch McConnell. ...Top stories - CBS News - 5 days ago -
Trump yet to endorse GOP candidate for Senate majority leader, House majority still up in the air
John Cornyn, John Thune and Rick Scott have emerged as the frontrunners to replace Mitch McConnell and become Senate majority leader in January, but President-elect Donald Trump hasn't lent his ...Top stories - CBS News - Yesterday -
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.Business - The New York Times - October 14 -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Russia’s shadow fleet of oil tankers grows despite western sanctions
Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report. Russia’s shadow fleet of oil tankers is expanding, according to research, transporting up to ...World - The Guardian - October 14 -
Congo cancels an auction for 27 sites earmarked for oil exploration
The government of Congo has canceled an auction for 27 sites earmarked for oil exploration, citing late submissions and a lack of competitionWorld - ABC News - October 14 -
Israel Assures U.S. It Will Not Strike Iran's Oil and Nuclear Facilities, Officials Say
The U.S. has sought to contain Israel’s planned counterattack on Tehran, hoping to head off a wider war in the Middle East.World - The Wall Street Journal - October 14 -
Swiss regulator orders UBS to bolster emergency plans
Finma suspends annual approval of bank’s ‘living will’ in light of added risk from Credit Suisse takeoverBusiness - Financial Times - October 15 -
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decadeBusiness - Financial Times - October 15 -
Boeing seeks up to $35bn to bolster its balance sheet
Plane maker announces plans to raise up to $25bn in new capital and agrees $10bn credit facilityBusiness - Financial Times - October 15 -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...Business - MarketWatch - October 15 -
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.Business - MarketWatch - October 16 -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
New York officials call for big oil to be prosecuted for fueling climate disasters
Oil majors’ conduct can constitute reckless endangerment due to fossil fuels’ effect on global heating, advocates claim. New York state prosecutors could press criminal charges against big oil ...World - The Guardian - October 17 -
Phillips 66 to close oil refinery after Newsom law
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law ...Politics - The Hill - October 17 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Women footballers urge Fifa to end Saudi oil deal
More than 100 professional women's footballers sign an open letter urging Fifa to end a sponsorship deal with Saudi oil giant Aramco.Top stories - BBC News - October 21