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Joe Biden is running out of ammunition to fight the next oil crisis

Sun, 02/19/2023 - 08:15

Tech Insider

split image of Biden and Putin — President Joe Biden spoke with CNN's Jake Tapper on Tuesday about Russian President Vladimir Putin's war in Ukraine.
Julio Cortez, Gavriil Grigorov/AP

Markets, MI Exclusive, Oil, crude, Outlook, Trading, OPEC

Gas prices are primed to rise in a few weeks, but American drivers won't be hit with record costs again this summer, GasBuddy says

Sun, 02/19/2023 - 06:00

Tech Insider

US gas prices — US gas prices have fallen sharply since June.
JOSEPH PREZIOSO/Getty Images

Markets, MI Exclusive, Gas Prices, Commodities, GasBuddy, Oil, Crude Oil

US stocks end mixed as Fed officials sound off on inflation fight and path of future rate hikes

Fri, 02/17/2023 - 16:13

Tech Insider

Traders work on the New York Stock Exchange floor. — Traders work on the New York Stock Exchange floor in New York City.
AP Photo/Ted Shaffrey

Markets, MI Exclusive, Markets Wrap, Stock Market, Oil, Commodities, Fed

Oil extends weekly loss to 5% as speculation of more aggressive rate hikes from the Fed stokes demand worries

Fri, 02/17/2023 - 10:08

Tech Insider : Economy

Canada, Alberta, Oil workers using oil drill. — Tetra Images - Dan Bannister

Markets, MI Exclusive, Oil, Brent, WTI, Crude Oil, Federal Reserve

Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

Thu, 02/16/2023 - 11:22

Tech Insider

Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia. — Russian Prime Minister Vladimir Putin.
Sasha Mordovets/Getty Images

Markets, MI Exclusive, Oil, Russia, EU, energy, Commodities

Israel exports oil for the first time ever after diplomatic breakthrough with Lebanon

Tue, 02/14/2023 - 16:05

Tech Insider

Oil tanker — Getty Images

Markets, MI Exclusive, Isreal, Oil, Oil export, Middle East

Oil prices slide as the US says it will sell millions more barrels of oil from its strategic reserve into the global market

Tue, 02/14/2023 - 14:01

Tech Insider

oil — Andrey Rudakov/Bloomberg

Markets, MI Exclusive, Oil, oil prices, Strategic Petroleum Reserve, WTI oil price, brent oil

Russia could regain its spot as the world's premier oil exporter despite sanctions, Bank of America says

Tue, 02/14/2023 - 12:05

Tech Insider

putin shoigu — Russian President Vladimir Putin (L) looks on Defence Minister Sergei Shoigu (R) during a military parade in Pskov, Russia, on March,1, 2020.
Mikhail Svetlov/Getty Images

Markets, MI Exclusive, crude, Oil, Russia, Ukraine, Prices

Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

Tue, 02/14/2023 - 10:42

Tech Insider

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors aims to produce 150,000 cars a year in Saudi Arabia in 2025.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Commodities, Saudi Arabia, lucid, Lucid Group, Oil

More oil releases from the US Strategic Petroleum Reserve won't 'rock the boat', says UAE's energy minister

Tue, 02/14/2023 - 09:45

Tech Insider

Oil storage facility in Texas — An oil storage facility in Houston, Texas.
Mark Felix/AFP via Getty Images

Markets, MI Exclusive, Stocks, Outlook, Oil, crude, UAE

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