India not turning away from Russian Urals crude even as discount to global benchmarks narrows
(NaturalNews) Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality…
IEA report: Nearly 80% of Russian crude oil has been rerouted from EU to China and India
(Natural News) The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European Union (EU) oil trade. In April, Russian oil…
Poland threatens to cut off oil exports to major German refinery if Russian state-owned oil company remains a major shareholder
(Natural News) Poland has threatened to cut off oil exports to Germany’s PCK Schwedt Refinery if it does not completely remove a Russian company as a shareholder. The PCK Schwedt…
Russia to cut oil output by 500,000 barrels per day in response to Western price cap
(Natural News) Russia announced on Friday, Feb. 10, that it will cut oil production by 500,000 barrels per day in March in retaliation for a United States- and European Union-led…
Oil prices to rise above $100 a barrel this year due to lack of investment in energy production capacity
(Natural News) The price of oil will rise back above $100 a barrel this year, and will continue rising in 2024 due to serious supply problems as spare production capacity…
US oil price to surge again in December as Saudis cap production and EU embargo takes effect
(Natural News) Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase production…
Energy executives tell Sec. Granholm: Shuttered oil refineries are NOT restarting soon
(Natural News) Some of the United States’ leading energy executives have spoken with Secretary of Energy Jennifer Granholm, warning her and the administration that many shuttered oil refineries won’t be…
Weakening dollar leading to more oil exports and price hikes
(Natural News) Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel. From Tuesday,…
KSA foreign minister confirms Biden administration asked to delay oil output cut until midterms
(Natural News) The Kingdom of Saudi Arabia (KSA) has confirmed that President Joe Biden’s administration requested KSA to delay the Organization of the Petroleum Exporting Countries (OPEC +) decision to…
Gas prices to rise after midterms as Biden ends raid on national oil reserve
(Natural News) Gas prices are set to rise after the November 2022 midterm elections, coinciding with the end of President Joe Biden’s raid on the Strategic Petroleum Reserve (SPR). During a…
OPEC+ cuts oil production by 100K barrels per day amid dropping oil prices, stoking fears of global recession
(Natural News) The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by 100,000 barrels per day (bpd). The…
Hedge funds buy up petroleum distillates amid diesel and heating oil shortages
(Natural News) Portfolio managers were bullish on purchasing U.S. distillates last week as shortages in diesel and heating oil continue. Hedge funds and other investment pools bought the equivalent of four million…
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
(Natural News) Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of…
US sets new record for gasoline prices as average national price nears $5 per gallon
(Natural News) The average retail cost of a gallon of gas in the United States hit a record-high of $4.374 on Tuesday, May 10, according to the American Automobile Association…
Widespread diesel shortages to affect everything in America and around the world
(Natural News) Widespread diesel shortages will affect everything in America from the food supply to manufacturing and services. Refiners in the United States are now receiving an average of over $150 per…
Chinese state-owned oil firm plans to drop assets in the West for fear of economic SANCTIONS
(Natural News) An oil company owned by the Chinese government announced plans to drop its assets in Western countries for fear of sanctions that may be imposed on it. Industry…
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
(Natural News) European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning…
Price of crude oil shoots above $120 per barrel during short squeeze; experts warn of even higher oil prices in coming months
(Natural News) During a short squeeze on Wednesday, March 23, the price of crude oil futures shot up to a record-breaking price of $120 per barrel. Financial experts warn that…
CLIMATE LOCKDOWN: Globalists are exploiting oil price spikes to push for greater population control with “10-point plan” that includes bans on travel
(Natural News) The globalists, like the Democrat Party in the U.S., never lets a good crisis go to waste, using each one to push their agenda of suppression and population…
Oil prices continue to surge amid fears of approaching supply crisis
(Natural News) The price of oil worldwide surged once again on Thursday, March 17, after the International Energy Agency (IEA) warned that the world could experience a massive shortage in the global…
Russian sanctions and oil embargoes to cause world’s biggest oil supply crisis by next month
(Natural News) The International Energy Agency (IEA) warned that the massive drop in oil exports from Russia will lead to a catastrophic reduction in the global oil supply, which consumers…
Russia selling crude oil at massive discounts as regional conflict turns away regular trading partners
(Natural News) Russia is selling its crude oil at record discount rates as the country prepares for the possibility of tough sanctions from Western nations following the beginning of its…
Cyberattacks hit German oil companies and European oil port terminals
(Natural News) Less than a year after America’s biggest refined petroleum pipeline was the subject of one of the most harmful hacks ever seen in the oil market, Germany’s domestic…
CLAIM: Farmers ordered by government to destroy crops, more food shortages coming
(Natural News) Social media platforms are getting flooded with testimonies from farmers, friends of farmers and people who work with farmers explaining how the Biden regime is now paying the…