Oil

Oil and gas prices surge as BP stops Red Sea shipments following Houthi attacks
Oil and gas prices surge as BP stops Red Sea shipments following Houthi attacks
Oil and natural gas prices rose sharply Monday after BP (BP) said it would pause all shipments through the Red Sea because of increased attacks on commercial vessels by Houthi militants from Yemen
19.12.2023
West Declines to Adjust Russian Oil Price Ceiling as Moscow Exports Above the Cap
West Declines to Adjust Russian Oil Price Ceiling as Moscow Exports Above the Cap
Reuters reports Washington and its Western allies keeping the price cap on Russian oil at $60 per barrel as Moscow sells its energy on the global market well above the US-enforced ceiling
11.09.2023
Iran Summons Swiss Diplomat Over Iranian Oil Stolen by US
Iran Summons Swiss Diplomat Over Iranian Oil Stolen by US
Tehran expressed "strong objection" to Switzerland, which acts as a mediator between the US and Iran
29.08.2023
Ecuadorians Reject Oil Drilling in Amazon Region
Ecuadorians Reject Oil Drilling in Amazon Region
The binding referendum stops oil exploration in an area of Yasuní National Park that is rich in biodiversity and home to uncontacted Indigenous tribes
23.08.2023
Tanker Carrying Stolen Iranian Oil Unloads Near Texas
Tanker Carrying Stolen Iranian Oil Unloads Near Texas
Iran has warned that it would retaliate if the cargo was unloaded
21.08.2023
Senators Urge Biden to Unload Tanker Carrying Stolen Iranian Oil
Senators Urge Biden to Unload Tanker Carrying Stolen Iranian Oil
The tanker Suez Rajan has been stuck off the coast of Texas and is carrying 800,000 barrels of Iranian oil
17.08.2023
BP’s Wars, Coups & Dictators
BP’s Wars, Coups & Dictators
From Iran to Azerbaijan, Iraq to Nigeria, Russia to Venezuela, British foreign policy is largely captured by the global climate polluter
21.07.2023
BP Financed Colombian Military
BP Financed Colombian Military
Documents reveal how the oil company offered to finance Bogota’s military as it was killing opponents during the 1990s and collaborated with a general accused of kidnap, torture and murder
20.07.2023
Iranian Oil Stolen by the US Stuck on a Tanker Off the Coast of Texas
Iranian Oil Stolen by the US Stuck on a Tanker Off the Coast of Texas
US companies are hesitant to unload the oil over concerns of retaliation from Iran in the Persian Gulf
20.07.2023
Saudi Crown Prince Threatened US With "Major Economic Consequences"
Saudi Crown Prince Threatened US With "Major Economic Consequences"
Citing Discord leaks, The Washington Post said MbS made the comments in response to Biden threatening to retaliate for OPEC oil cuts
13.06.2023
Enemy of the Economy and the Ecosystem: Is Recycling Plastic Just a "Green Scam?"
Enemy of the Economy and the Ecosystem: Is Recycling Plastic Just a "Green Scam?"
While recycling plastic is seen as something almost sacrosanct, the companies that push it know it is not feasible, and new data suggests that it is not helping anyways
05.06.2023
Venezuela's Breakthrough
Venezuela's Breakthrough
Can this South American nation finally get on a sustainable trajectory of oil production growth, and who will help it do so?
18.05.2023
Petroleum − Hero of the Presidential Race
Petroleum − Hero of the Presidential Race
Will a strategic reserve sale help contain US fuel prices?
08.05.2023
Iranian Forces Seize Second Oil Tanker Within a Week
Iranian Forces Seize Second Oil Tanker Within a Week
The seizures came after the US stole an Iranian oil shipment
04.05.2023
Russia-European Union
Russia-European Union
A qualitatively new round of escalation
27.04.2023
Sunset of Stars and Stripes
Sunset of Stars and Stripes
The US role in the global oil market is steadily declining
26.04.2023
The End of the Law
The End of the Law
The rejection of legal rights by Europeans will prove damaging to Europe itself
26.04.2023
Schwedt Rosneft Refinery as a Birthday Present
Schwedt Rosneft Refinery as a Birthday Present
Germany celebrated Hitler's birthday with the de facto revival of Nazi economic practices
24.04.2023
Trade with the enemy
Trade with the enemy
Exposing massive corruption in Ukraine. US troops are gathering at the country’s border. Does the Biden administration have any endgame up its sleeve for this conflict?
12.04.2023
Saudis Aren’t Afraid of US Anymore
Saudis Aren’t Afraid of US Anymore
Now that the main Arab producers have supported Russia’s decision to reduce oil production, M.K. Bhadrakumar says the Biden administration is left with limited options in responding to the surprise move
11.04.2023
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Leaked Strategy Shows US Views Corruption in Ukraine as Major Threat
US Taxpayer Dollars are Subsidizing Small Businesses in Ukraine
US Taxpayer Dollars are Subsidizing Small Businesses in Ukraine
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G7 Official Says Ukraine War Could Last for Seven More Years
West African Bloc Says Military Intervention in Niger Is "Last Resort"
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Toshiro Ino's provocative remarks require an explanation from Tokyo
Toshiro Ino's provocative remarks require an explanation from Tokyo
US Cluster Bombs Have Arrived in Ukraine
US Cluster Bombs Have Arrived in Ukraine
Summer Davos welcomes guests offline after 4 years
Summer Davos welcomes guests offline after 4 years
NATO to Draw Up Russia War Plans for First Time Since Cold War
NATO to Draw Up Russia War Plans for First Time Since Cold War
Biden's 2024 bid likely to see Trump rematch, an ossified US
Biden's 2024 bid likely to see Trump rematch, an ossified US
Finland’s NATO membership prepares major escalation of war against Russia
Finland’s NATO membership prepares major escalation of war against Russia
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