Focus on Oil
US oil refiners brace for a tough year as investor sentiment turns negative
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that Trump may slap tariffs on...
Russian rouble slips as oil price and forex action limit sanctions impact
Rouble weakens as U.S. sanctions target Russian oil firms, while rising oil prices and yuan forex sales offer support.
Oil hits more than 3-month high as US sanctions hit Russia exports
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S....
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary will talk with allies to address higher oil prices due to new US sanctions on Russia's energy sector.
Russia forms an emergency task force as Kerch Strait oil spill continues to spread
An emergency team arrives in Russia's Krasnodar as the Kerch Strait oil spill from tankers spreads after a month.
Russia says it will continue oil and gas projects despite US sanctions
Russia slams new US oil and gas sanctions as a hostile move, vowing to press on with energy projects and foreign policy responses.
US official warns Puerto Rico of weak power generation as it prepares for a Trump administration
US Energy Sec warns Puerto Rico needs more power generation amid ongoing blackouts and grid struggles post-hurricane.
US, UK unveil widespread sanctions against Russia’s energy sector
US and UK sanction Russia’s energy giants, including Gazprom Neft, just days before Joe Biden’s term ends.
US targets Venezuela oil company chief, others with sanctions
US sanctions target Venezuela's PDVSA chief Obregon amid Maduro's claims of economic war and resilience.
