MOSCOW (Reuters) – The blame game over a contamination scandal in Russia’s oil industry has breached President Vladimir Putin’s inner circle. FILE PHOTO: Russian President Vladimir Putin gestures as he Continue Reading
Stefan Sauer/Agence France-Presse — Getty Images LONDON — People across Western Europe are suffering through an intense heat wave this week, with the worst still to come on Thursday, when Continue Reading
Temperature departures from average on Thursday, showing the scorching heat across Western Europe. (Weatherbell.com) (This article has been updated) A historic heat wave is bringing unprecedented temperatures to Western Europe, Continue Reading
The American Petroleum Institute (API) reported a huge crude oil inventory draw of 10.961 million barrels for the week ending July 18, compared to analyst expectations of a much smaller—but Continue Reading
Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian Continue Reading
The tanker battles are escalating once again, but the threat of outages and rising tension in the Persian Gulf has failed to meaningfully move oil prices. On Friday, Iranian forces Continue Reading
As market participants continue to weigh two decisively bearish factors for oil prices—slowing oil demand growth and soaring non-OPEC oil supply—two potentially bullish drivers have made money managers return to Continue Reading
Crude oil futures were largely stable during mid-morning trade in Asia Tuesday as reports on the availability of emergency stocks eased supply concerns stemming from geopolitical tensions in the Middle Continue Reading
The political fortunes of the Kurds have ebbed and flowed over the decades. After a good run since achieving semi-autonomy in northern Iraq following the 1991 Gulf War, shifting Middle Continue Reading
Iran is ready for “just” negotiations but not if they mean surrender, Iran’s President Hassan Rouhani said on Wednesday, without saying what talks he had in mind. Rouhani seemed to Continue Reading
