OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'
OpenAI urged the White House to substantially increase the U.S. investment in new energy capacity to stay ahead of China in AI. The startup has been planning ambitious infrastructure buildouts that will require massive amounts of power.
Iraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says
Iraq is in negotiations over the size of its OPEC quota within its available capacity of 5.5 million barrels per day, oil minister Hayan Abdel-Ghani said at an oil conference on Monday.
Oil prices rise after US and China reach trade-deal framework
Oil prices rose in early trade on Monday after U.S. and Chinese economic officials sketched out a trade-deal framework, easing fears that tariffs and export curbs between the world's top two oil consumers could dent global economic growth.
Oil News: Can Russian Sanctions Validate Bullish Weekly Reversal as Supply Risks Loom?
A bullish reversal forms in crude oil, but further gains depend on Russian supply cuts and a breakout above key resistance at $63.74.
Oil prices jumped this week — and now U.S. consumers may be the ones to feel the pain from Trump's Russia sanctions
The U.S.'s decision was surprising given Trump's “longstanding focus on bringing down energy prices,” one analyst noted.
Sanctioned Russian Oil Will Find New Ways to Flow
A parallel market for the oil of sanctioned countries will adjust to the latest U.S. restrictions.
Oil prices dip after surge, remain on track for weekly gain amid supply fears
U.S. crude futures eased in early trade on Friday, trimming part of the previous day's surge but remaining on track for a weekly gain, as fresh U.S. sanctions on Russia's two biggest oil companies over the war in Ukraine fuelled supply concerns.
Oil rallies after Trump puts sanctions on Russia's biggest producers
Oil rallied after the US and EU announced sanctions on Russia's biggest producers. @MitchellFerman breaks down how Trump is ramping up pressure on Putin to negotiate an end to the war in Ukraine Click Here
Oil prices surge as Trump hits Russian energy giants with sweeping new sanctions
Brent crude and West Texas Intermediate futures jumped 5% following new U.S. sanctions on Russia's largest oil producers to curb Russia's ability to fund its war in Ukraine.
OPEC ready to raise oil output if required after US sanctions on Russia, Kuwaiti minister says
OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil majors, Kuwait's oil minister said on Thursday.
Oil News: Crude Oil Futures Rally as Sanctions Bite, Moving Averages Under Pressure
WTI crude jumps 4% as U.S. sanctions hit Russian oil firms. Traders eye key moving averages and bullish oil outlook as India cuts imports.
Oil Rallies as Trump Sanctions Russian Producers. Lasting Gains Depend on This.
President Donald Trump imposed sanctions on Russian oil producers Rosneft and Lukoil.
