Gas prices: Why high cost is here to stay
Oil prices have roared back to about where they were in the early days of the Ukraine war, and there's no prospect of significant relief for drivers and businesses any time soon.
Source: ctvnews.ca
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Europe refiners benefit from U.S. emergency oil stock releases | Hellenic Shipping News Worldwide
At least three vessels carrying crude oil from U.S. emergency stockpiles sailed for Europe in April as refiners there scrambled to replace Russian crude supplies, according to U.S. Customs data, ship tracking, and an industry source. Releases from the Strategic Petroleum Reserve (SPR) since Russia’s invasion of Ukraine were designed to counter supply shortages and ...
Source: hellenicshippingnews.com
Europe refiners benefit from U.S. emergency oil stock releases
By Arathy Somasekhar and Stephanie Kelly HOUSTON (Reuters) - At least three vessels carrying crude oil from U.S. emergency stockpiles sailed for Europ...
Source: wkzo.com
Russia is set to lose its status as a top global oil power under an EU embargo
An embargo "definitely undermines Russian status as it limits the flow of funding to Russia, making it more difficult to wield its power abroad."
Source: businessinsider.co.za
Russia to Lose Its Status As Top Global Oil Power Under an EU Embargo
An embargo "definitely undermines Russian status as it limits the flow of funding to Russia, making it more difficult to wield its power abroad."
Source: businessinsider.com