A Tanker’s Giant U-Turn Reveals Strains in the Market for Russian Oil

Oil Tanker Takes a Meandering Path In the AtlanticSource: MarineTraffic.comhttps://www.nytimes.com/2022/04/02/climate/oil-tankers-russia.html The ship, originally sailing to Philadelphia, apparently lost its buyer in the middle of the Atlantic. A number of tankerscarrying…

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Read more about the article Gas prices in California will soar following LA ban on new oil and gas wells, industry rep warns
Gas prices could hit record highs in 2022: GasBuddy analyst Patrick De Haan, head of petroleum analysis at GasBuddy, predicts the national average for gasoline could hit $4 a gallon in the spring before peaking in the summer.

Gas prices in California will soar following LA ban on new oil and gas wells, industry rep warns

LA City Council approves phaseout of oil drilling, bans new oil and gas wells California Independent Petroleum Association CEO Rock Zierman warned in an interview that aired on ‘Varney & Co.’ Tuesday that already…

Continue ReadingGas prices in California will soar following LA ban on new oil and gas wells, industry rep warns
Read more about the article Oil breaks $90/bbl for the first time since 2014 on Russia tensions
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. REUTERS/Nick Oxford//File Photo

Oil breaks $90/bbl for the first time since 2014 on Russia tensions

Reuters – U.S.' Blinken assures global energy supply won't be disrupted Biden threatens sanctions on Putin over any Ukraine invasion U.S. crude, gasoline stocks build, even as fuel demand surges…

Continue ReadingOil breaks $90/bbl for the first time since 2014 on Russia tensions
Read more about the article Oil prices rebound as growing political tensions fuel supply fears
A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File Photo

Oil prices rebound as growing political tensions fuel supply fears

LONDON, Jan 25 (Reuters) - Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fueled concerns…

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