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EU approves high-carbon import tax based on CO2 emissions to push for global carbon pricing and counter the benefits to local industries relocating to regions with weaker environmental laws.
The total number of total active drilling rigs in the United States rose by 5 this week, according to new data from Baker Hughes published Friday, after falling 3 last week.
Russia's invasion of Ukraine and the temporary blockage of its Black Sea ports have redirected the flow of grain from Ukraine to Europe.
Crude oil prices hit a three-week low on Thursday, trading down over 2.5% amid a significant uptick in gasoline inventories and continued fears of recession countering demand growth
Despite a 500,000 barrel-per-day output cut announced by Moscow in alleged retaliation for the G7 price cap of $60, Urals crude loadings from Russia’s western ports is set to be more than 2.4 million bpd for the month of April