BP CEO quits after less than two years. A former Exxon exec who ran Australia’s largest oil company will take over.
BP on Thursday made an abrupt shift in leadership, as CEO Murray Auchinloss is stepping down immediately after less than…
Tag: Oil
Crude Prices Plunge on Demand Concerns Amid Mounting Oil Supplies
January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 (-2.97%).…
Slump in Crude Oil Weighs on Sugar Prices
March NY world sugar #11 (SBH26) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26)…
Trump aide Stephen Miller suggests Venezuelan oil belongs to US | Donald Trump News
Stephen Miller, a top aide to United States President Donald Trump, has suggested that Venezuela’s oil belongs to Washington, describing…
Oil rebounds after Trump orders Venezuela tanker blockade
U.S. crude futures rose more than 1% Wednesday as Trump ordered “a total and complete” block of all sanctioned oil…
Tracking rogue tankers carrying sanctioned oil near Singapore | Oil and Gas
NewsFeed Singapore has reported a rise in rogue tankers carrying sanctioned cargo through its shipping lanes. Authorities say the “shadow…
Trump orders naval blockade targeting Venezuelan oil | Oil and Gas
NewsFeed US President Donald Trump has ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela. The escalation follows…
Why 2025 has been such a historic year for oil — with prices set to finish near a 5-year low
The world has more oil than it needs, but a drop in crude prices this week to the lowest level…
What are the ‘ghost ships’ Venezuela is using to evade oil sanctions?
Ángel BermúdezBBC News Mundo Reuters The US seized an oil tanker off the coast of Venezuela on 10 December In…
Trump Orders Blockade of Sanctioned Venezuelan Oil Tankers
Good morning. Oil prices soar after Donald Trump said he is ordering a blockade of sanctioned oil tankers in Venezuela. The UK is becoming a holdout…