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New York billionaire and refiner John Catsimatidis said that if the Biden administration took a more friendly attitude towards oil and fossil fuels, America could "100 percent" avoid falling into a recession.
Energy stocks once again are on the radar as the oil cartel OPEC Plus intends to cut production, possibly imposing political costs.
Crude oil producers are surging in early trading Monday as OPEC and its allies consider a 1M bbl/day production cut, which would be the biggest reduction since the pandemic, sending...
Oil prices climbed by more than 5% at one point Monday morning as the market braces for yet another output cut
The US Energy Department said on September 19 that it would sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in... 24.09.2022, Sputnik International