Russian Oil Revenues Soar Despite Sanctions | OilPrice.com Premium Content By Editorial Dept – May 20, 2022, 12:00 PM CDT 1. Gasoline Tightness Becomes Main US Concern – With the EIA reporting an almost 5-million-barrel stock draw in gasoline over the week ending May 13, with inventories dropping to levels last seen in December and...Continue Reading

Will Crude Hit $120 Again? | OilPrice.com Premium Content By Editorial Dept – May 20, 2022, 12:00 PM CDT U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a planned European Union ban on Russian oil balanced demand concerns over...Continue Reading

Sanctions Force Foreign Executives At Rosneft To Quit | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – May 20, 2022, 11:30 AM CDT European-born executives at Rosneft quit the Russian oil...Continue Reading

Former German Chancellor Gerhard Schroeder is quitting his post as chairman of Russian state-owned oil company Rosneft PJSC after widespread calls for him to cut ties to Russian President Vladimir Putin over the invasion of Ukraine. SourceContinue Reading

EU Faces Same Hurdles Over Tariff On Russian Oil As With Embargo | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 20, 2022, 11:00 AM CDT The European Union is...Continue Reading

As Texas officials hunt for financial firms hostile to the energy industry, Wall Street is rolling out its fossil fuel bona fides to convince officials not to bar them from doing business with the state. SourceContinue Reading

Oil Set For Fourth Weekly Gain Amid Tight Fuel Markets | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 20, 2022, 10:30 AM CDT Crude is set for a small...Continue Reading

World Sees First Global Energy Shock: World Energy Council | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 20, 2022, 10:00 AM CDT World Energy Council: the world is witnessing the first...Continue Reading

Banks Rush To Assure Texas They Like Oil And Gas | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – May 20, 2022, 9:30 AM CDT More than two dozen banks and other financial...Continue Reading

China Gobbles Up Any Spare Oil Barrels To Boost Inventories | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – May 20, 2022, 9:00 AM CDT China added 2 million bpd to its crude...Continue Reading