OPEC Unable to Control Oil Prices, Supply Concerns from Russia-Ukraine Conflict
OPEC said it has no control over Russia's activities or oil prices globally.
Source: thestreet.com
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Biden Ban on Russian Oil Imports Ignites Calls for Greater US Crude Output
President Biden announced that the U.S. is banning Russian oil imports, stopping about 500,000 barrels per day of crude shipments from entering seaports.
Source: theepochtimes.com
Gasoline Headed for $5 a Gallon in California
With crude oil prices rising towards $100 a barrel on Ukraine tensions and tight supplies, industry watchers see fuel price rises continuing for months.
Source: thestreet.com
What if Russia turns off the gas? Europe assesses its options as fears mount over Ukraine crisis
Escalating tensions between Russia, Ukraine and the West have heightened concern about the future of Russian gas flows to the European Union, with lawmakers and energy providers scrambling to prepare contingency plans. It comes as President Joe Biden warns there is a “distinct possibility” Russia could invade Ukraine as soon as next month and as ...
Source: hellenicshippingnews.com
What If Russia Turns Off the Gas? Europe Assesses Its Options as Fears Mount Over Ukraine Crisis
As tensions reach a fever pitch between Russia, Ukraine and the West, energy analysts are deeply concerned about the risk of full supply disruption to the EU.
Source: nbclosangeles.com