Tag: Oil
Mark Carney says Canada’s trading relationship with the U.S. was ‘once a strength,’ but ‘now a weakness’ | Fortune
TORONTO (AP) — Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta agreed Thursday to work toward building a pipeline...
Revealed: Only a third of national climate pledges support ‘transition away from fossil fuels’ – Carbon Brief
Only around a third of the latest country...
Oil prices fall as Israel and Hamas strike a rare truce, calming markets after months of unrest | Fortune
Wall Street is taking a pause as U.S. stocks and even the price of gold make only modest moves near their record highs. The...
What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’ | Fortune
Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the mood is anything but...
Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession | Fortune
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession, even after its own data showed...
Russia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges
Russia could slip into a recession soon and is having its worst harvest in 17 years, further straining an economy that’s already seen energy...
Trump trade adviser Navarro slams India for buying Russian oil
The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to...
Trump could trigger a financial crisis in Russia — if he wants to — but has backed off from his threat of ‘very severe consequences’
The U.S. holds immense leverage over Russia’s economy and ability to continue waging war on Ukraine, but President Donald Trump has backed off from...
OPEC+ agrees in principle to another bumper supply increase
OPEC+ has agreed in principle on another bumper oil production increase for September, according to a delegate, completing the revival of a halted supply...
OPEC+ to ramp up oil output even higher in August with eye on market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August to...
