The Latest Breaking News from crude oil

Russia is one of the largest producers of crude oil, and it provides more than a third of Europe’s oil imports.

In today’s newsletter: A plan to cap the price of Russian crude oil could slow down the war – if only Europe and others could find a consensus

Ukraine’s foreign minister says 17 diplomatic missions have now received suspicious packages

APA Corporation (APA) has benefited from the higher crude oil prices this year, and its shares have gained more than 73% year-to-date. Although crude oil prices have dropped from their highs, analysts seem optimistic about a price recovery considering the expected demand-supply dynamics. Given this backdrop, will it be wise…

Union members working on England’s roads have announced 12 days of strike action over Christmas and the new year, while US added 263,000 jobs in November

The unexpected oil crisis emerging from the oil embargo against Russia, the world’s second largest crude oil exporter, has piled pressure on energy prices, supply shortages, and economic recession worldwide. The renewable energy benefits are currently absorbed beyond their actual purposes to build growth of clean energy for a sustainable…

Crude oil prices are increasing with declining inventory and hopes of a slower interest rate hike. Moreover, a surge in demand is also expected due to the possible reopening of the Chinese economy and holiday travel. Given the industry tailwinds, we think it could be wise to consider investing in…

The pace of decline in gasoline prices continues and is expected to extend into December.

Environmental disaster struck the shores of Peru on Jan. 15, 2022, when Spanish energy company Repsol spilled 12,000 barrels of crude oil into the Bay of Lima after its tanker ruptured. The spill endangered 180,000 birds and destroyed the livelihoods of 5,000 families.