European Union governments have agreed to an 11th package of sanctions against Russia over its invasion of Ukraine aimed largely at stopping other countries and companies from circumventing previously imposed sanctions. European Commission President Ursula von der Leyen said the new package will “deal a further blow to [Russian President Vladimir] Putin’s war machine with...Continue Reading

Oil Falls Despite Moderate Draw In Crude 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 Premium Content By Irina Slav – Jun 22, 2023, 10:19 AM CDT Crude oil prices were little changed today after the U.S....Continue Reading

Mysterious Saudi Oil Tanker Cluster Off Suez Starts To Clear | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 22, 2023, 9:30 AM CDT A cluster of mostly Saudi supertankers loaded with oil that has been idling off Egypt’s Red Sea coast for weeks has...Continue Reading

UAE’s ADNOC Eyes Expansion Of Downstream Activity In Europe | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Jun 22, 2023, 9:00 AM CDT Abu Dhabi’s ADNOC...Continue Reading

Oil Prices Dip As Further Interest Rate Hikes Loom | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 22, 2023, 7:43 AM CDT Oil prices slumped early on Thursday morning after Jerome Powell told Congress that further interest rate hikes are coming. Ahead of the...Continue Reading

Church Of England Ditches Big Oil Stocks Over Climate Goals Failure | 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 – Jun 22, 2023, 7:30 AM CDT The Church of England is...Continue Reading

Iran’s Booming Oil Industry Adds Urgency To Nuclear Negotiations | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jun 22, 2023, 6:55 AM CDT Iran’s oil exports hit...Continue Reading

Chinese Giant CNOOC Looks To Drill For Oil And Gas Offshore Tanzania | 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 – Jun 22, 2023, 6:31 AM CDT CNOOC, the giant Chinese...Continue Reading

Court Dismisses Environmental Challenge To UK Nuclear Plant Approval | 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 – Jun 22, 2023, 6:26 AM CDT A UK court on Thursday dismissed an...Continue Reading

China Stimulus Fails To Spark A Commodity Price Rally | 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 – Jun 22, 2023, 3:21 AM CDT On Tuesday, China cut its key lending...Continue Reading