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Rigzone Industry News

5241 - 5250 of 6735 results found

Oil Drops as EU Weighs Higher Russian Fuel Price Cap

Date
Wednesday, November 23, 2022 - 1:56 PM
Description
Oil tumbled to near a two-month low as traders assessed a higher-than-expected price cap on Russian crude between $65 and $70 a barrel and a surprise build in US products.

Jones Act Is Making The US Diesel Shortage Worse

Date
Wednesday, November 23, 2022 - 3:14 AM
Description
One of the main factors underpinning the price of diesel in the US is the Jones Act, making shipping fuel from one US port to another more expensive than sending it to Europe.