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Russian Tanker Wrecks Spilling Oil Into the Black Sea
The Volgoneft-212 was carrying thousands of barrels of oil when it ran aground late Sunday and damaged its hull. A second tanker was also damaged.The Wall Street Journal - 6h -
EU imposes sanctions on oil trader Niels Troost over alleged Russian involvement
Dutch national is first EU citizen targeted in relation to western price cap measures introduced after full-scale Ukraine invasionFinancial Times - 8h -
Oil prices finish lower as downbeat China data ease demand prospects
Oil prices finished lower Monday as concerns over the outlook for energy demand were renewed by a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November.MarketWatch - 5h -
Russian tanker sinks in Black Sea spilling 4,300 tonnes of oil
Ukraine accuses Moscow of recklessness due to risk of ecological damage as second tanker runs aground. A Russian tanker carrying more than 4,000 tonnes of oil products has sunk in the Black Sea ...The Guardian - 1d -
Two Russian oil tankers wrecked in Black Sea
Video appears to show one of the tankers broken in half and sinking amid a heavy storm, with oil visible in the water.BBC News - 1d -
Oil spill in Kerch Strait after two Russian oil tankers seriously damaged in storm
At least one person has died after two Russian oil tankers took heavy storm damage in the Kerch Strait, spilling oil and sparking an emergency rescue operation, Russian officials told state news ...ABC News - 1d -
Relax Syria sanctions to bring in western oil operators, Gulfsands boss says
Head of London-based company says boosting production would help the country ‘get back on its feet’Financial Times - 1d -
Stock traders are seeing more reasons to be cautious about the market.
Positive seasonal conditions prevail — though small caps have yet to rally.MarketWatch - 2d -
Blacklisted for trading Russian oil, he says a ‘conman’ tricked him
One of only two Europeans sanctioned for trading Russian oil says he was duped by an alleged ‘conman’Financial Times - 2d -
Danish court sentences British hedge fund trader to 12 years over massive tax fraud
A Danish court has sentenced a British hedge fund trader to 12 years in prison in connection with what authorities say was a 9 billion kroner ($1.3 billion) tax fraud, Danish justice officials ...ABC News - 3d -
Traders aren’t taking Trump’s tariff threats seriously. This Wall Street bank says they should.
Paris-based BNP Paribas expects a “permanent shock” to U.S. consumer prices from Trump 2.0 tariffs.MarketWatch - 4d -
British trader found guilty of £1.4bn fraud in Denmark
He was sentenced to 12 years in prison - the heaviest penalty ever for a Danish fraud case.BBC News - 4d -
British hedge fund trader jailed in Denmark over ‘cum-ex’ tax fraud
Sanjay Shah receives 12-year sentence for masterminding scheme that led to billions in refunds of non-existent tax paymentsFinancial Times - 4d -
Why are Trader Joe's stores short on eggs?
"Chickens on strike!" reads a sign posted to an empty refrigerator case where you'd normally find cartons of eggs.The Hill - 5d -
Britain Promised Clean Energy, but It Still Needs Oil
The government wants to rapidly replace oil and natural gas with renewable energy projects, but offshore wind and other alternatives are still in their early stages.The New York Times - 5d -
EU targets Russia's ghost fleet shipping oil in a new round of sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on UkraineABC News - 5d -
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Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - 5d -
Supreme Court weighs environmental dispute over Utah oil railway
The Supreme Court justices will weigh the fate of an 88-mile railroad project that would transport crude oil in Utah as they consider a dispute over whether federal officials conducted a stringent ...NBC News - 6d -
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Oil Markets Shrug Off Overthrow of Syria’s al-Assad
Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.The New York Times - Dec. 9 -
OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says
"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.CNBC - Dec. 6 -
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Chevron cuts capital budget for first time since Covid-19 oil crash
Supermajor’s move comes despite Donald Trump’s pledge to unleash new US fossil fuel surgeFinancial Times - Dec. 5 -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.The New York Times - Dec. 5 -
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnateABC News - Dec. 5 -
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.CNBC - Dec. 5 -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
Shell and Equinor to combine UK offshore oil and gas assets
Companies say combination will play crucial role in securing energy supply for countryFinancial Times - Dec. 5 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interruptedABC News - Dec. 4 -
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Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts
Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further ...MarketWatch - Dec. 3 -
Welcome to the GSL T20 in Guyana where big oil, geopolitics and cricket collide | Jonathan Liew
T20 tournament has sprung up amid battle for oil and allies but do the cricketers actually know what is going on?. In 1899 an international tribunal controversially settled a border dispute between ...The Guardian - Dec. 3 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2