Sources: Reuters
Vitol CEO Russell Hardy says that at least one billion barrels of oil production will be lost because of the war even if it ends immediately, and that the current loss is in the range of 600 to 700 million barrels. 2026-04-21
Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed. 2026-03-27
The World Bank approves a new financial intermediary fund consisting of grants from the United States, Japan, Canada, and other countries coupled with interest from frozen Russian assets to give to Ukraine as part of a $50 billion loan. $2024-10-10
The United States Army Corps of Engineers begins dredging the San Juan Bay in Puerto Rico to open space for a new natural gas terminal that is expected to add $400 million to the local economy. $2024-04-3
Russia becomes China's biggest supplier of oil, surpassing Saudi Arabia and making up over half of China's oil imports. 2022-06-21
The Office of the United States Trade Representative publishes its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. $2018-08-7
A U.S. federal judge approves AT&T's $85 billion merger with Time Warner. $2018-06-12
Russia and Saudi Arabia agree on a plan to manipulate oil output. 2016-09-5
The price of oil reaches an eight month high following Iran banning sales to Britain and France on Sunday. 2012-02-20
The price of oil rises above $100 for the first time since 2008 as traders worry about possible disruption to the Suez Canal as a result of events in Egypt. [http:--www.bangkokpost.com-breakingnews-219176- (AFP via "The Bangkok Post")]date=August 2019 2011-01-31