Oil

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Jake Auchincloss (D-MA) urged President Joe Biden to “enforce the oil export sanctions against Iran with more muscle and vigor.” And said that because Iran is currently in a weak position,

Azerbaijani President Ilham Aliyev, whose country is hosting the COP29 climate summit this week, lashed out at Western media and climate activists on Tuesday for criticizing his country’s oil and gas industries.

Worldwide oil prices dropped roughly two percent on Monday after a comparable fall on Friday, driven by investor disappointment with the Chinese government’s weak economic stimulus plan.

Kim Tae-hyo, deputy national security adviser to South Korean President Yoon Suk-yeol, said on Wednesday that Seoul will “work to establish a perfect Korea-U.S. security posture with the new Washington administration to ensure unwavering national security.”

During an interview with the Fox News Channel that took place on Tuesday and was released on Wednesday on the “Fox News Rundown” podcast “Evening Edition,” Secretary of Defense Lloyd Austin responded to a question on whether he and President

Climate groups are crying foul that Azerbaijan, host of the COP29 global climate summit in November, is planning to dramatically increase its production of natural gas over the next decade.

Israeli media reported on Sunday that the Biden administration has offered Israel a “compensation package” in exchange for refraining from attacks on a list of specific targets in Iran.

On Friday’s broadcast of CNBC’s “Squawk on the Street,” CNBC Contributor and Global Head of Commodity Strategy for RBC Capital Markets Helima Croft stated that “five years ago, we saw more significant sanctions enforcement” on Iranian oil, but “Now, we

Malaysian Prime Minister Anwar Ibrahim on Thursday rebuffed efforts by China to bully Malaysia away from oil and gas exploration in the South China Sea. Anwar’s government is investigating a leaked Chinese diplomatic note that accused Malaysia of violating Chinese sovereignty by working near the oil-rich Luconia Shoals.

A group of business leaders is suing Texas officials for prohibiting the government from contracting firms that boycott energy companies.

The feud between Libya’s two governments for control of its central bank intensified on Wednesday as more oil fields shut down and the eastern government demanded the return of ousted bank governor Sadiq al-Kabir.

The Pentagon said on Tuesday that the Greek-flagged oil tanker Sounion, abandoned in the Red Sea after a pirate attack by the Iran-backed Houthi terrorists of Yemen last week, appears to be leaking oil — possibly the prelude to a much-feared environmental catastrophe.

Vice President Kamala Harris has been “very clear” about her flip-flop on banning fracking, the Harris campaign indicated Wednesday.

Indian Prime Minister Narendra Modi had a telephone conversation with Russian President Vladimir Putin on Tuesday, touching base with the Russian leader three days after returning from a visit to Ukraine.

ExxonMobil produced a report on Monday that anticipated oil demand reaching a “plateau” in 2030 and remaining fairly stable for the next 20 years – a prediction far out of line with political narratives of a “transition to green energy.”

A Greek oil tanker traveling through the Red Sea came under repeated attacks, leaving the vessel “not under command” and drifting ablaze.

The Venezuelan newspaper Tal Cual reported on Sunday that the United States received 12 shipments of crude oil and asphalt from Venezuela.

Donald Trump has a winning message on energy abundance and wealth for Americans. If he keeps that up until November, he will win big.

Oil prices slip as investors digest the latest downbeat economic news from China, with extended slumps in retail and real estate.

The Taliban on Wednesday celebrated the three-year anniversary of the disastrous Biden-Harris withdrawal that gave them power in Afghanistan, more secure in power than ever despite constant complaints from the international community about their appalling human rights offenses.

Russia and Cuba held discussions for the construction of an oil refinery in Cuba following Russian lawmakers’ visit to the island.

Indian Prime Minister Narendra Modi arrived in Moscow on Monday for a visit that included a meeting with Russian President Vladimir Putin.

Prime Minister Narendra Modi will visit Moscow on July 8 and 9 at the invitation of Russian President Vladimir Putin.

Venezuelan citizens will soon have to book appointments to buy subsidized fuel rations for their vehicles, Oil Minister Pedro Tellechea said.

On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Senior Adviser Amos Hochstein stated that the White House wants to lower energy prices and “we’re going to try to work to make sure that we

On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Senior Adviser Amos Hochstein said that America is the largest producer of oil and gas in the world, but they don’t want to see that continue

Nicolás Maduro said that, following his regime’s July 28 sham presidential “election,” Venezuela may join BRICS and have sanctions lifted.

Evacuation orders have been issued for the Fort McMurray oil hub in Alberta, Canada, as winds shifted, and a massive wildfire approaches.

Residents of Fort McMurray, Alberta, Canada, have been ordered to be ready for evacuation at a moment’s notice as wildfires draw near.

LNG Energy Group, a Canada-based company owned by billionaire Texas businessman Rodney Lewis, brokered a deal with Venezuela’s PDVSA.

On Thursday’s broadcast of MSNBC’s “11th Hour,” New York Times Chief White House Correspondent Peter Baker and MSNBC Analyst Peter Baker stated that President Joe Biden is in “an awkward position” because he could go after Iran’s oil revenue in full,

China’s state-owned oil company CNPC, the China National Petroleum Corporation, has signed a $400 million deal with the military junta that controls Niger, providing a much-needed infusion of cash after the coup damaged relations with Niger’s previous big oil customers, the United States and France.

On Tuesday’s “CNN Newsroom,” CNN Military Analyst and former NATO Supreme Allied Commander Gen. Wesley Clark (Ret.) stated that American sanctions against Iran won’t be effective in part because “the United States really doesn’t want to seal off Iran’s oil exports”

During an interview with Bloomberg on Monday, White House National Security Communications Adviser John Kirby responded to a question on Iran continuing to sell oil to China and their output hitting five-year highs by stating that sanctions against Iran are

On Saturday’s “CNN Newsroom,” Rep. Mike Lawler (R-NY) called on Senate Majority Leader Sen. Chuck Schumer (D-NY) to pass the SHIP Act, which the House passed on a bipartisan basis in November, to crack down on Iranian oil revenues. Lawler

The latest oil price-tracking data suggests Russian crude oil is selling far above price caps imposed by the G7 nations in 2022.