Oil
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Business
The Week in Business: Upheaval in China
Credit...Giacomo BagnaraWhat’s Up? (Nov. 27-Dec. 3) Chinese Protest ‘Zero Covid’ Policies China appeared to ease off some of its Covid…
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World
Ukraine’s Allies Agree on Russian Oil Price Cap
The plan to impose a top price of $60 a barrel on Russian crude will most likely make a small…
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World
Here is how the so-called price cap on Russian oil will work.
European Union diplomats have agreed on a $60-per-barrel limit on the price at which Russian oil can be traded outside…
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Business
OPEC and Russia to Meet as Global Forces Weigh on Oil Market
As the West moves to intercede in oil trading, OPEC Plus, led by Saudi Arabia, is expected to protect its…
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Business
Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
The shape of the war, and its effects on global markets, in the months and years to come could determine…
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Business
U.S. Allows Chevron to Expand Energy Operations in Venezuela
BOGOTÁ, Colombia — The U.S. Treasury on Saturday granted Chevron a license for a limited expansion of energy operations in…
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World
As Venezuelan Antagonists Talk, the U.S. Softens Its Stance
BOGOTÁ, Colombia — A rare meeting between leaders of Venezuela’s bitterly divided government and opposition is expected to result in…
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Business
Ukraine’s Allies Near Imposing Cap on the Price of Russian Oil
A complex effort by Ukraine’s allies to deprive Russia of billions of dollars in oil revenue by putting a cap…
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Business
Oil Prices Slide as Investors Worry Energy Demand Is Slowing
HOUSTON — Saudi Arabia is slashing oil exports. U.S. crude oil in storage is dropping. Members of the European Union…
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Business
Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
Major oil and gas companies have raked in multibillion-dollar profits at unheard-of levels. Households around the world are reeling from…