U.S. natural gas futures jumped above $5 per MMBtu, the highest level since December 2022, as traders expect colder-than-normal temperatures across the Lower 48 in the first half of December.
At a moment many European and NATO leaders are pushing back against Trump's peace plan for the Ukraine war, given it offers to cede large parts of the Donbass and Crimea to Russia, Hungarian Prime Minister Viktor Orbán is in Moscow on a warm and cor
Nearly a third of Russia's current seaborne oil export potential is now stuck in tankers as the U.S. sanctions upend crude flows and Russia's top buyers, China and India, are still struggling to assess the implications of the sanctions, according
• https://www.zerohedge.com, by Tsvetana Paraskova
The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean off Russian supply, a senior U.S. diplomat says.
In a move to bolster national energy security, the Trump administration has begun the process of refilling the nation's emergency oil stockpile, taking advantage of a recent dip in global crude prices.
It's a well-known fact that Moscow has a moral duty to supply subsidized energy to countries openly hostile to Russia, so why are gasoline-starved Russians complaining?
President Donald Trump announced on Oct. 15 that India has pledged to stop purchasing oil from Russia within a short period, a decision that would help cut off funding for Moscow's ongoing war in Ukraine.
"This was something that should have been long operating and making billions of dollars for our country and supplying a lot of energy and minerals and everything else that we're talking about.