U.s. Oil
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Key Canada-U.S. oil pipeline outage could lead to crude supply shortage in the States: expertsAn outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub, analysts and traders said on Friday.EconomyDec 9, 2022
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U.S. oilfield companies Halliburton, Schlumberger draw back from RussiaHalliburton and Schlumberger said on Friday they have suspended or halted Russia operations in response to U.S. sanctions over Moscow's invasion of Ukraine.WorldMar 19, 2022
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As Europe faces pressure to ban Russian oil, gas, experts warn of ‘major’ consequencesAn EU boycott would mean higher prices at the pump and on utility bills, and ultimately the threat of an energy crisis and recession.WorldMar 9, 2022
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U.S. bans imports of Russian oil. Here’s what may happen nowA full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the danger Moscow poses to the continent.WorldMar 8, 2022
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U.S. oil comprised 77% of Canada’s foreign oil imports last year: regulatorCanada is growing ever more reliant on imported American oil, suggests a new report from the country's energy regulator, the Canada Energy Regulator.EconomyApr 14, 2021
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U.S. making a ‘bad mistake’ by politicizing oil, Iranian minister warnsThe United States has made a bad mistake by politicizing oil and using it as a weapon, Iran's Oil Minister Bijan Zanganeh said in a parliamentary session on Tuesday, the Islamic Republic News Agency (IRNA) reported.EconomyApr 23, 2019
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U.S. ‘likely’ now the world’s biggest oil producerThe U.S. Energy Information Administration said Wednesday that America “likely surpassed” Russia in June and August after jumping over Saudi Arabia earlier this year.EconomySep 12, 2018
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