US Targets Dark Ship-to-Ship Transfers That Sent Oil to North Korea
The use of dark ship-to-ship transfers to get oil to North Korea mirrors efforts made recently to export Russian crude.
Source: businessinsider.com
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OPEC+ Oil Output Cut Angers White House Ahead of Midterm Elections
The slashed production quota threatens to boost gasoline prices again and deliver more headwinds for Democrats as midterm elections loom.
Source: businessinsider.com
Europe Energy Crisis: Poland Burns Trash, Romania Caps Firewood Prices
The Romanian government set a price cap on firewood of 400 lei ($80) per cubic meter and 2,000 lei per ton of wood pellets.
Source: businessinsider.com
Saudi Arabia Cuts Oil Prices for Europe but Hikes Them for the US Again
State-run oil giant Saudi Aramco hiked prices by $0.20 a barrel for all US grades, while northwest Europe and the Mediterranean saw declines.
Source: businessinsider.com
Elon Musk's Twitter Surrender Could Give Hedge Fund $255 Million Profit
Pentwater Capital bought a 2.4% stake in Twitter in the second quarter and became one of the company's biggest shareholders, according to CNBC.
Source: businessinsider.com