Tag: Russian oil

Futures of Brent oil were up more than 4 percent at $97.70 per barrel early this week and West Texas Intermediate oil also increased nearly 4 percent to $94.67 per barrel, after Russian President Vladimir Putin ordered troops into the Donetsk and Luhansk separatist regions of Ukraine, indicating Russia would recognize their independence. In response to Putin’s […]

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss OPEC+, JP Morgan’s energy paper, Europe’s energy crunch, China, and much, much more. Links: Vladimir Putin doesn’t let a crisis go to waste, and enjoys every chance to troll the European Commission Column: Asia’s energy crunch boosts coal and LNG, but threatens […]

At every turn, President Biden has instituted policies to hurt the North American oil and gas industry, resulting in decreasing U.S. energy independence earned during the Trump Administration and benefiting oil-producing countries. Russia, for example, has become the number two oil importer to the United States, second only to Canada. Biden has also canceled the […]

Last week OPEC+ talks on oil production quotas for member nations stalled and, as a result, oil prices rose. The Biden administration is somewhat concerned about the increase in oil prices and in response to the OPEC+ stalemate, a Biden administration spokesperson stated, “Administration officials have been engaged with relevant capitals to urge a compromise […]

A forthcoming report claims that a foreign firm funding U.S. environmental groups opposed to America’s domestic energy boom is tied to a state-owned Russian oil company with a financial interest in halting U.S. energy production. As The Washington Free Beacon reports: A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking […]