oil – Page 47 – Freedom 96.9

US-led oil sales from Venezuela to bring in $5 billion in months, energy chief Wright tells NBC News

Thursday, February 12 by SRN News

By Sheila Dang and Timothy Gardner Feb 12 (Reuters) - Oil sales from Venezuela controlled by the U.S. have totaled over $1 billion so far and in the next few months will bring in another $5 billion, U.S. Secretary of Energy Chris Wright told NBC... Read More.

Oil prices rise on concerns about US-Iran tensions

Thursday, February 12 by SRN News

By Sam Li and Lewis Jackson BEIJING, Feb 12 (Reuters) - Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, on fears that any attacks on Tehran or shipping could lead to supply disruptions. Brent crude oil... Read More.

US Energy Secretary Chris Wright visits Venezuela to assess oil industry overhaul

Wednesday, February 11 by SRN News

CARACAS, Venezuela (AP) - The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela's dilapidated oil industry with the arrival of Energy Secretary Chris Wright to the South American country for a firsthand assessment. Wright's visit comes as the administration... Read More.

US energy secretary set to arrive in Venezuela with Herculean task of oil recovery

Wednesday, February 11 by SRN News

By Marianna Parraga and Nathan Crooks HOUSTON, Feb 11 (Reuters) - Venezuela will host U.S. Secretary of Energy Chris Wright this week, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades as Washington conducts its first... Read More.

Oil holds steady as US–Iran tensions provide support

Wednesday, February 11 by SRN News

SINGAPORE, Feb 11 (Reuters) - Oil held steady on Wednesday, finding support as the market waited for direction while U.S.-Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices. Brent crude oil futures were up 23 cents, or 0.3%, at $69.03 a barrel by... Read More.

US issues license facilitating oil, gas exploration and production in Venezuela

Wednesday, February 11 by SRN News

By Marianna Parraga Feb 10 (Reuters) - The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the country. Washington has relaxed sanctions on Venezuela's... Read More.

Petrobras posts record exports in Q4 as it expands clients for Brazilian oil

Wednesday, February 11 by SRN News

By Fabio Teixeira and Marta Nogueira SAO PAULO/RIO DE JANEIRO, Feb 10 (Reuters) - Brazilian state-run oil firm Petrobras on Tuesday posted record exports of 1.2 million barrels per day (bpd) of oil and derivatives in its fourth quarter, surging about 79% from the same... Read More.

Oil exports have been a cash cow for Russia. But revenues are dwindling, thanks to sanctions

Tuesday, February 10 by SRN News

Oil and gas exports have sustained Russia's finances throughout its war against Ukraine. But as the fourth anniversary of the full-scale invasion approaches, those cash flows have suddenly dwindled to lows not seen in years. It's the result of new punitive measures from the U.S.... Read More.

Oil drifts lower as traders weigh supply risks amid U.S.–Iran tensions

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Oil prices eased slightly on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran. Brent crude oil futures were down 25 cents,... Read More.

Oil drops as US, Iran pledge to continue talks

Sunday, February 8 by SRN News

By Florence Tan SINGAPORE, Feb 9 (Reuters) - Oil prices fell on Monday after the U.S. and Iran pledged to continue talks over the Middle Eastern producer's nuclear programme, easing concerns about a possible conflict that could disrupt supply from the region. Brent crude futures fell... Read More.

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