Brent crude oil prices fell sharply on Wednesday. They dropped $8.94, or 8.6%, to $94.66 per…
Tag: oil
Iran’s Oil Reserves Depleted Amid US Naval Blockade
Iran's floating oil reserves have been fully depleted as of mid-October, according to analysts from Kpler.…
EU Rejects Arctic Oil Drilling Amid Global Energy Debate
European Commissioner for International Partnerships Jozef Síkela reaffirmed the EU's position against drilling for oil and…
Brent Crude Falls to $108 After Hitting Five-Month High
Brent crude futures dropped to about $108 a barrel on Monday after hitting a five-month high.…
Oil Prices Dip as Trump Waives Sanctions on Russian Diesel
Crude oil prices fell on Monday after U.S. President Donald Trump signed an executive order waiving…
Ukraine Strikes Russian Oil Facilities with 1,000 Drones
Ukraine launched over 1,000 drones at Russia on Sunday, targeting oil facilities in St. Petersburg. The…
Two Oil Tankers Attacked Near Strait of Hormuz, Two Missing
Two oil tankers were attacked near the Strait of Hormuz on Sunday. This incident has left…
Brent Crude Nears $96 Amid Escalating US-Iran Tensions
Brent crude prices approached $96 per barrel on Thursday. Escalating tensions between the United States and…
U.S. Signs $200 Billion Oil Deal with Venezuela’s NABEP
The U.S. has signed a major oil deal with Venezuelan company North American Blue Energy Partners…
Venezuela’s Oil Deal with US Could Generate $209 Billion
Venezuela's interim President Delcy Rodríguez announced on Saturday that a new energy agreement with the United…