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Tag Archives: oil

John Bolton was fired, and the price of oil instantly fell

Oil prices fell swiftly on Tuesday after President Donald Trump fired Iran hawk John Bolton as national security adviser. The surprise exit of Bolton prompted speculation that the tensions between the United States and ...

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Saudi role in the attacks has been soft-pedaled to protect America’s delicate alliance with the oil-rich kingdom

In its report on the still-censored “28 pages” implicating the Saudi government in 9/11, “60 Minutes” last weekend said the Saudi role in the attacks has been “soft-pedaled” to protect ...

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US refiners face summertime hurdles amid heavy oil shortage

US refiners face summertime hurdles amid heavy oil shortage

A global shortage of heavy crude will create hurdles for America’s key refining belts just as they ramp up gasoline production for summer driving season. In the Gulf Coast, dwindling ...

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Iran has more potential oil buyers despite US sanctions

Iran has more potential oil buyers despite US sanctions

The United States introduced new sanctions on Iran’s energy sector on 5 November, with a stated goal to cut the Islamic Republic’s oil exports to zero. The number of potential buyers ...

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U.S. sanctions cannot stop crude exports

U.S. sanctions cannot stop crude exports

The United States cannot stop Iranian oil exports by imposing sanctions on Tehran, Iran’s oil minister said on Tuesday, warning that such restrictions will ensure the market remains volatile. Washington ...

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Trump’s Iran sanctions could lead to volatile gas prices

Trump’s Iran sanctions could lead to volatile gas prices

President Trump’s decision to unilaterally withdraw from the Iran nuclear deal throws a new degree of uncertainty into global oil markets and poses a stark dilemma for U.S. foreign policy. ...

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In reaction to Trump’s criticism, president of OPEC defends oil producer group saying do not blame OPEC

In reaction to Trump’s criticism, president of OPEC defends oil producer group saying do not blame OPEC

 The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame. “OPEC ...

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Woman dragged out of West Virginia house hearing for listing oil and gas contributions to members

Woman Dragged Out of West Virginia House Hearing For Listing Oil and Gas Contributions to Members

Lissa Lucas traveled the 100 miles from her home in Cairo, West Virginia to the state capitol in Charleston Friday to testify against an oil and gas industry sponsored bill ...

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Trump sends a warning after report of Chinese oil sales to North Korea

Trump sends a warning after report of Chinese oil sales to North Korea

Donald Trump on Thursday said he was “very disappointed that China is allowing oil to go into North Korea” and said such moves would prevent “a friendly solution” to the crisis ...

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Oil inches higher ahead of Christmas holiday weekend

[ad LONDON/NEW YORK (Reuters) – Oil prices rose in light volumes on Friday, steadying near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia ...

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