U.S. Weighs New Oil Sanctions on Russia if Putin Rejects Peace Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2025, 10:30 AM CST The United States is considering a fresh barrage of sanctions against Russia’s oil exports if Russian President Vladimir Putin...Continue Reading

Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing 1.8 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 424.4 million barrels according to government data, which...Continue Reading

Ukrainian Attack Halts Production at Lukoil’s Grayfer Field | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2025, 9:30 AM CST Ukraine has damaged an offshore drilling rig at Lukoil’s Grayfer field in the Russian Caspian Sea in a drone attack, the Ukrainian General...Continue Reading

Ukraine Hits Slavyansky Oil Refinery and Rostov Depot in Overnight Deep Strikes | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 17, 2025, 9:00 AM CST Ukrainian forces struck the Slavyansky Oil Refinery in Southern Russia and a fuel depot...Continue Reading

Norway Plans Stronger Sabotage Response Readiness for Grid Operators | 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 – Dec 17, 2025, 8:00 AM CST Norway’s water and energy directorate NVE has...Continue Reading

U.S. Blockade Threatens Venezuela’s Crucial Russian Naphtha Supply | 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 – Dec 17, 2025, 7:00 AM CST Venezuela’s supply of Russian naphtha is at risk...Continue Reading

Phillips 66 Sees Strong Support for Western Gateway Pipeline | 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 – Dec 17, 2025, 6:00 AM CST The newly proposed Western Gateway Pipeline, planned...Continue Reading

Global Coal Demand Hits All-Time High | 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 – Dec 17, 2025, 5:00 AM CST The world’s coal demand is on track to hit a...Continue Reading

Oil prices rose more than 2.4% on Wednesday after President Trump ordered a “total and complete blockade” of all sanctioned tankers entering and leaving Venezuela, raising risks of prolonged supply disruptions in the region. At the time of writing, WTI crude had jumped by 2.44% to $56.62 … While Brent crude prices had climbed by...Continue Reading

Oil prices rose more than 2.4% on Wednesday after President Trump ordered a “total and complete blockade” of all sanctioned tankers entering and leaving Venezuela, raising risks of prolonged supply disruptions in the region. At the time of writing, WTI crude had jumped by 2.44% to $56.62 … While Brent crude prices had climbed by...Continue Reading