Oil falls to hold gains after Bessent says U.S. committed to cut Iran exports to 100K bbl/day
Crude oil futures fell modestly on Friday, as prospects for a peace deal between Russia and Ukraine could boost global energy supplies in the event of an end to sanctions against Russia. President ...
Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade
Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...
US Aims to Cut Iranian Oil Flows by More Than 90%, Bessent Says
Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10% of current levels as ...
Gulf Refiners Are Balking at Watery Mexican Oil in Blow to Pemex
US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia and Canada amid ...
NYC landlord switching to dirtier heating oil because of soaring Con Ed gas bill: ‘I’m tapped out’
What choice do I have? How can anyone keep up with that heating bill?” said Queens Con Ed customer John Norton to The Post.