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BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance ...
Venezuela is boosting oil exports to China to the highest in almost two years as the Trump administration deploys sanctions and secondary tariffs to squeeze the Latin American nation. Shipments ...
Yes, I think they can keep climbing. Yes, the growth outlook for the oil service industry is better than I thought going into earnings, primarily thanks to increased activity overseas.” ...
The oil giant has suffered several years of poor performance since embracing net zero in 2020 under its previous CEO, Bernard Looney. BP Chair Helge Lund plans to step down as the struggling oil ...
1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to ...
A ratcheting up of pressure on Iranian and Venezuelan crude exports saw bullish Brent oil options trade at the highest volumes since early January. Trump’s aggressive trade policies have ...
using them as a tool to exert economic and diplomatic pressure, since his return to the White House in January. The newly proposed 25% tariffs on Venezuelan oil, affecting both direct and indirect ...
WASHINGTON, April 9 (Reuters) - Legislation from two U.S. senators from both parties introduced on Wednesday establishes a fund to enforce sanctions on the so-called ghost fleet of tankers Russia ...
1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.19 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.52 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 469.12 USD 1 ...
“That would be that if you buy oil from Russia, you can’t do business in the United States,” Trump said. “There will be a 25% tariff on all oil, a 25- to 50-point tariff on all oil.
so one of the key instruments pilots monitor is the oil pressure gauge. If the oil pressure drops below a minimal level, the engine won’t run much longer. Although all aircraft engines consume ...