Traders said that Russian oil is no longer discussed at work or among friends in the industry.
The consequences of harsh economic sanctions against Russia are already being felt across the globe. Greg Ip of WSJ joins others to explain the significance of what has happened so far and how the conflict might transform the global economy.
Photo illustration: Alexander HotzThe de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact on oil markets, disrupting Russian exports and threatening further price increases.
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In Texas, calls to boost U.S. oil production after Russian invasion run into hard realitiesLabor shortages, supply chain issues, hesitant financial backers and a frosty relationship with the Biden administration have limited how much Texas oil and gas companies are ramping up production.
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In Texas, calls to boost U.S. oil production after Russian invasion run into hard realitiesLabor shortages, supply chain issues, hesitant financial backers and a frosty relationship with the Biden administration have limited how much Texas oil and gas companies are ramping up production.
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Energy production: Why Texas can’t immediately fill the Russian oil and gas gapAUSTIN — Stephen M. Robertson can glance at traffic in Midland and tell you if oil is booming or busting. Concerns over domestic energy are running high as...
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Soaring Oil Prices Bring Fiscal Windfall to AlaskaSoaring oil prices have brought Alaska its biggest budget surplus in nearly 20 years, along with a debate in Juneau over how to spend the money.
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In Texas, calls to boost U.S. oil production after Russian invasion run into hard realitiesLabor shortages, supply chain issues and hesitant financial backers have limited how much Texas oil and gas companies are ramping up production. Texas Oil UkraineUnderAttack Russia RussiaUkraineWar Oilprices
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Russia-Ukraine war: Russian forces appear to be shifting focus to Donbas regionRussian forces appear to be shifting their focus from Ukraine's capital to the contested Donbas region, possibly signaling a new phase of the war.
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