Biden administration officials, worried that a growing conflict in the Middle East could send global oil prices soaring, are looking for ways to hold down
Tag: Oil
Ukraine Claims to Have Retaken Oil and Gas Platforms in the Black Sea
Ukraine said on Monday that it had taken control of several oil and gas platforms in the Black Sea, after a series of clashes with
British Government Signals Support for Oil and Gas Industry
The British government said Monday that it would issue “hundreds” of new licenses for oil and natural gas exploration in the North Sea, as concerns
Want That Coffee With Olive Oil? Starbucks Thinks Italians Will.
From a cultural point of view, olive oil, like wine and pasta, is “an ambassador of ‘made in Italy,’” he said, and associating with “a
Kremlin’s Defiance Adds Questions Over Whether Oil Price Cap Will Work
Moscow insisted that it would not sell oil that is subject to a price limit agreed upon by the Group of 7 nations, even if
Ukraine’s Allies Agree on Russian Oil Price Cap
An elaborate United States-led plan to limit what Russia can charge for its oil exports is set to cap the price of Russian crude at
Zelensky Says Price Cap Set on Russian Oil Is Too High
President Volodymyr Zelensky of Ukraine sharply criticized a plan negotiated by the Group of 7 nations to impose a top price of $60 a barrel
How the ‘Price Cap’ on Russian Oil Works
European Union diplomats have agreed on a $60-per-barrel limit on the price at which Russian oil can be traded outside the bloc, the latest effort
G7 and Allies Hit Snag Over Setting Price Cap on Russian Oil
Talks to set a cap on the price of Russian oil long in the works by the United States and pro-Ukraine allies faced a setback
Putin’s Oil War With the West Comes at His Allies’ Expense
As Russia pushes to find new buyers for its oil to skirt ever tougher Western sanctions, it is cutting into the market share of two