The Trump administration is weighing new sanctions and other legal steps to disrupt Iranian oil exports to Venezuela, U.S. officials said, in response to what the U.S. considers the Islamic Continue Reading
A dollar could once theoretically buy about 5 billion gallons of gasoline in Venezuela — more than enough to supply the state of Michigan for a year. Now, a dollar Continue Reading
Drilling in the Arctic has been back in the headlines this week with some fresh controversy. The Trump administration has long seen the development of oil and gas assets in Continue Reading
The U.S. Administration is holding this week an oil and gas lease sale in New Mexico while American producers curtail production in response to low oil prices and environmentalists and Continue Reading
After a brief period of apparent calm with the signing of a trade deal in January, the U.S.-China relationship has worsened dramatically in the past few months, with the Covid-19 pandemic adding Continue Reading
At least three tankers loaded with Canadian crude have headed to China since the start of the year, Bloomberg reports , citing shipping data. This is the latest sign of Continue Reading
The emergence of dozens of new coronavirus cases around a northeastern Chinese city has prompted authorities to lock down the area and replace some officials, initiating a limited return to Continue Reading
As the Chinese authorities confront scattered coronavirus outbreaks in the country’s northeast, they are turning to many of the same strict lockdown measures that they used this winter in the central Continue Reading
Democrats on Wednesday blasted the Trump administration’s moves to roll back environmental regulations during the coronavirus crisis , with one senator saying a “pandemic of pollution″ has been released. The Continue Reading
U.S. crude oil refinery inputs averaged 12.9 million barrels per day during the week ending May 15, 2020 which was 0.5 million barrels per day more than the previous week’s Continue Reading
