U.K. Hits Russian Gold, Oil Sectors With New Sanctions Package

The U.K. government has sanctioned 29 entities and individuals operating in and supporting Russia’s gold and oil sectors, in an effort to cut off revenue streams funding its war in Ukraine. Entities sanctioned Wednesday include Nord Gold and Highland Gold Mining, two of the largest producers of Russian gold, and Paloma Precious DMCC, a United … Read more

A Westernprice cap on Russian oilmeant to curb Moscow's war spending is increasingly losing its punch and U.S. officials are scrambling to shore up their experimental intervention in global oil markets.

A Western price cap on Russian oil meant to curb Moscow’s war spending is increasingly losing its punch and U.S. officials are scrambling to shore up their experimental intervention in global oil markets.

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0048 GMT – Oil prices edge higher in early Asian trade amid a broad pick up in risk appetite across markets, ANZ analysts say in an email. The risk on tone is aided … Read more

U.S. Oil Inventories Rise as Domestic Production Hits Record High

U.S. oil inventories jumped by 10.2 million barrels last week, much more than expected, as domestic production hit a record high. Source link

Oil Prices Don't Need War in the Middle East to Keep Rising

The escalating conflict comes against the backdrop of already tight oil market. Source link

Why the Israel-Hamas War Matters for Investors

While market moves were initially muted, what should be a concern is the potential for the war to escalate. Source link

U.S. Prepares Crackdown on Russian Oil Sanctions Evasion

Treasury Secretary Janet Yellen says the U.S. is likely to start enforcing the $60-a-barrel price cap on Russian oil. Source link

U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader

The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions. Source link

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Source link

Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Source link