Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
Energy Dominance? Mission Accomplished And Still Growing
America leads the world in energy dominance, excelling in oil, gas, renewables, and biofuels. Explore how U.S. innovation and production drive global energy leadership.
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Oil ends lower after a 3-day rally lifted prices to their highest since August
Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally, driven in part by a new round of U.S. sanctions on Russia’s oil industry, lifted crude prices to to ...
California considers letting victims of natural disasters sue oil companies for damages
California is considering a bill that would allow insurers and victims of climate-driven natural disasters to sue the oil ...
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Driven by pre-salt, oil becomes Brazil's top export
Oil closed 2024 as Brazil's leading export, surpassing soybeans. Crude oil and mineral oil exports totaled $44.8 billion, according to data released last week by the Foreign Trade Secretariat of ...