The price of Russian crude oil has skyrocketed in recent years.

The strike, which began a month ago, has escalated in recent years. Significant impacts have now hit the oil market, disrupting Russian exports and threatening further price hikes. In the days following the invasion of Ukraine, major energy companies and commodities were close to buying crude oil from Russia. Banks have stopped financing these businesses, … Read more

When BP leaves Russia, other oil companies are in danger.

Text size Shell plays a key role in the Russian Liquid Natural Gas Project. Jeff J. Mitchell / Getty Images Oil companies have not been financially strong for decades. Nor were they politically vulnerable. BPBP’s decision to skip its stake in a Russian energy company this weekend Rosneft It shows just how much oil prices … Read more

The $ 100 oil case will drive more, less drilling

Wall Street summer forecast requires $ 100 for oil. Since the summer of 2014, barrels have not cost much, OPEC has been embroiled in a war with US shell producers and oil prices have plummeted for years. At the beginning of the epidemic, prices plummeted. But confidence has waned over the past year, with crude … Read more