Washington now has freer hand in restricting Russian oil amid predictions of a global glut.
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...
On January, 7, 2025, the Federal Trade Commission (FTC) announced that crude oil producers XCL Resources Holdings, LLC (XCL), ...
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.
Phillips 66 is set to buy EPIC Y-Grade for $2.2 billion, enhancing its NGL pipeline and fractionation capacity.