Oil

Business

Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged

OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The…

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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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News

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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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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News

E.U. Talks Over Russian Oil Price Cap Drag On

BRUSSELS — European Union ambassadors trying to reach an agreement on a top price for Russian oil continued to talk…

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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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Newyork

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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