OPEC and Russia to Meet as War in Ukraine Roils Oil Market
Big producers seem to be sticking to modest output raises and alliance with Russia.
Source: nytimes.com
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Tanker headed to Philadelphia changes direction after U.S. bans Russian oil imports
The Beijing Spirit was the first tanker carrying Russian oil to change destinations as a result of the U.S. ban on Russian oil imports, which President Joe Biden enacted in response to the invasion of Ukraine. The ship was destined for Philadelphia but instead is now headed to France.
Source: phillyvoice.com
USA Refiners Seek Alternatives to Russian Oil
The moves underscore the extent of concerns in the energy industry over the situation in Ukraine.
Source: rigzone.com