OIL - /contrib/oil

Oops, Joe Biden's plans go awry again...

The President of the European Council Charles Michel hopes that before the next meeting of the European Council on May 30 it will be possible to agree on new sanctions against russia, first of all – on the oil embargo, writes journalist Vitaly Portnikov

The Interior Department's decision to not move forward with the lease sale comes as gas prices soar.

Political support for banning Russian energy imports is growing in both parties, and the White House said the topic is under discussion — though it said President Biden had not made a decision. | Local News from KRQE News 13 in Albuquerque, New Mexi

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia, a senior minister said on Monday.

asked about the deteriorated relationship with the Biden White House, and whether he thinks Biden "understands" him. "Simply, I do not care," the crown prince said, and explained that it is up to Biden "to think about the interests of America."

George Takei told Americans on Friday that they should be willing to endure higher costs of living in order to hurt Russian President Vladimir Putin

The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban.

They refrained from explicitly calling for greater domestic energy production

The Biden administration announced Saturday that it will either suspend or delay new federal oil and gas leasing, weeks after Judge James Cain of the Western District of Louisiana blocked the administration's method of calculating the social costs ass

OPEC+ ministers are meeting on Sunday in another attempt to agree a quick oil supply boost to address soaring prices as the global economy recovers from the coronavirus pandemic

With the world awash in cheap oil,Naftogaz wants to create a duty-free oil storage system for Ukraine, Andriy Kobolyev, CEO of the state energy company, ubn.n

NEW YORK (AP) — Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand in virus-weakened economy. The post Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand

The rapidly-spreading coronavirus in China poses the biggest demand threat to the oil market since the 2008 financial crisis. Yet OPEC and Russia can't agree on whether to come to the rescue.

An attack on oil refineries in Saudi Arabia has a lot of people focused on crude oil prices. We asked our VERIFY team to find out what it all means for your money.

President Trump said via Twitter Sunday that he has authorized release of oil from the U.S. Strategic Petroleum Reserve "if needed" in response to the attacks against Saudi Arabia's oil infrastructure. Why it matters: The statement signals hig

U.S. sanctions against Venezuela and Iran have had an unplanned side effect: they have increased exports of heavy, sour crude from Russia

The Trump administration plans to end oil purchase waivers to five nations, notably China and India, although some officials had warned the move could hinder other priorities.

For the first time in 75 years, the United States exported more oil than it imported, achieving a pledge from President Trump that America can become "energy independence."While the U.S. has been a net oil importer since 1949, over the final week

Following two days of tense talks in Vienna, a deal to reduce oil production has been struck by OPEC and Russia. Prices have already risen on the back of the news, but Donald Trump will not be pleased.