Post Tagged with: "Russia sanctions"

Source: CNBC

Oil rebounds on tight supply, prospects of new Russia sanctions


Oil prices jumped by more than $4 on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as Moscow and Kyiv held peace talks.

Brent crude futures were up $4.09, or 3.7%, at …

Source: World Oil

Shell among companies chasing Ecuadorian oil after Russia sanctions

World Oil

(Bloomberg) — U.S. refiners Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.

Ecuador’s state oil …

Source: CNBC

GOP’s Marco Rubio says the U.S. should target Russian oil while boosting its own energy production


The U.S. and its allies need to prevent Russia from exporting oil and natural gas as an economic deterrent for its unprovoked invasion of Ukraine, Sen. Marco Rubio told CNBC on Tuesday.

On “Squawk Box,” the Florida Republican, a …

March 1, 2022 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Politics