Oil

Business

Russia and Saudi Arabia’s Oil Partnership Shows Strain

Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that…

Business

Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices

OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia…

News

Putin’s top security adviser holds talks with India’s prime minister as Moscow seeks closer ties.

A senior security adviser to President Vladimir V. Putin of Russia met with India’s prime minister in Delhi on Wednesday…

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Highest Heating Costs in Years Strain Many in New England

RUMFORD, Maine — As early March battered western Maine with a pair of back-to-back snowstorms, and the heating oil in…

Business

Oil Prices Rise on Talk of Russian Output Cut

Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.

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How Russia Is Surviving the Tightening Grip on Its Oil Revenue

Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy…

Business

Biden Clears the Way for Alaska Oil Project

The administration issued an analysis that indicates a scaled-back version of the Willow project can go forward. Opponents call the…

Business

Oil Giants, After Surge in Profits, Are Wary About Spending

Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is…

Business

Administration Expected to Endorse Limited Drilling in Alaska Project

An environmental review expected soon would effectively signal that the Willow project proceed, according to people familiar with the report.

News

The Fierce Debate Over Managing Oil Prices

During President Barack Obama’s eight years in office, the Strategic Petroleum Reserve shrank by about nine million barrels. Under President…

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