oil – Page 54 – Freedom 96.9

Oil edges up on strong US economic growth, supply risks

Tuesday, December 23 by SRN News

Dec 24 (Reuters) - Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and Russia. Brent crude futures climbed 4 cents, or 0.06%, to $62.42 a barrel... Read More.

Venezuela seeks to criminalize oil tanker seizures as Trump puts pressure on Maduro

Tuesday, December 23 by SRN News

CARACAS, Venezuela (AP) - Venezuela's parliament on Tuesday approved a measure that criminalizes a broad range of activities that can hinder navigation and commerce in the South American country, such as the seizure of oil tankers. The bill - introduced, debated and approved within two... Read More.

Venezuela seeks to criminalize oil tanker seizures as Trump puts pressure on Maduro

Tuesday, December 23 by SRN News

CARACAS, Venezuela (AP) - Venezuela's National Assembly on Tuesday approved a measure that criminalizes a broad range of activities that can hinder navigation and commerce in the South American country, such as the seizure of oil tankers. The bill - introduced, debated and approved... Read More.

Venezuela passes law against piracy, blockades amid US oil ship seizures

Tuesday, December 23 by SRN News

Dec 23 (Reuters) - Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or blockades. The law, which includes "other international crimes", comes... Read More.

Oil slips as market weighs Venezuela, Russia supply risks

Monday, December 22 by SRN News

Dec 23 (Reuters) - Oil prices eased in early trade on Tuesday after rising more than 2% in the previous session as the U.S. said it might sell Venezuelan crude it has seized, while Ukraine's attacks on Russian vessels and piers heightened supply disruption... Read More.

Brazil oil union set to accept Petrobras labor offer, end strike

Monday, December 22 by SRN News

SAO PAULO, Dec 22 (Reuters) - Brazilian oil workers union FUP said on Monday it plans to accept a counteroffer from state-run company Petrobras for a labor deal, paving the way to end a week-long strike. In a statement published on social media, FUP said... Read More.

US Interior Dept weakens sage-grouse protection to open more oil and mineral development

Monday, December 22 by SRN News

WASHINGTON, Dec 22 (Reuters) - The Trump administration on Monday rolled back protections for the greater sage-grouse in eight western U.S. states, opening up more federal land for energy and mineral development. The Bureau of Land Management said proposed changes would make more space available... Read More.

Oil loading in Venezuela slows, more ships make U-turns after new US interceptions

Monday, December 22 by SRN News

By Marianna Parraga Dec 22 (Reuters) - Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to... Read More.

Ukraine strikes oil terminal, planes and ships in an array of strikes inside Russia

Monday, December 22 by SRN News

KYIV, Ukraine (AP) - Ukrainian forces hit an oil terminal, a pipeline, two parked jet fighters and two ships in a series of strikes on Russian soil, officials said Monday. The attacks are part of an ongoing campaign to disrupt the Russian war effort and... Read More.

Oil prices gain on US interception of Venezuelan oil tanker over weekend

Sunday, December 21 by SRN News

By Sam Li and Lewis Jackson Dec 22 (Reuters) - Oil prices climbed in early trade on Monday after the U.S. intercepted a Venezuelan oil tanker over the weekend. Brent crude futures rose 44 cents, or 0.73%, to $60.91 per barrel by 0141 GMT, while U.S.... Read More.

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