U.S. President Donald Trump said April 22 that Saudi Arabia and other OPEC nations could "more than make up" for any drop in Iranian oil supplies to global markets now that his administration has decided to end waivers that allowed some nations to buy Iranian oil without facing U.S. sanctions.
"Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil," Trump said on Twitter.
2022-06-24 - “The Fed was talking very hawkish which was undermining the oil rally, but sentiment is changing a little especially on strong economic data,” said John Kilduff, partner at Again Capital LLC in New York.
2022-07-14 - U.S. gasoline prices have followed a drop in the futures market for both crude oil and gasoline. Those markets are down because investors are worried interest-rate hikes will slow the economy.
2022-06-08 - Depleted natural gas inventories and market uncertainty across Europe make U.S. LNG a hot commodity as several countries begin to hedge bets on Russian gas.
2022-06-08 - While governments and companies were now looking to secure alternative energy supplies, IEA’s Fatih Birol says it is equally important for governments to take measures to reduce demand.
2022-06-09 - Companies from Germany, Italy and France have said they would engage with Moscow's payment scheme to ensure they can maintain supplies.