US Energy Secretary Wright says diesel export ban won't work
US Energy Secretary Wright declares a diesel export ban ineffective as oil firms rally against the plan.
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US Energy Secretary Wright declares a diesel export ban ineffective as oil firms rally against the plan.
Russian crude output fell in August as intensifying Ukrainian strikes degrade oil-refining infrastructure, according to multiple reports.
President Trump will meet with oil refiners and retailers next week to address rising gas prices and allegations of consumer gouging.
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Major oil corporations are reporting record-breaking profits as ongoing military conflict in Iran pushes global energy costs higher.
The Caspian Pipeline Consortium has suspended oil loadings after drone attacks targeted tankers carrying Kazakh crude in the Black Sea.
President Trump is calling for a DOJ investigation into the oil companies that spent nearly $100 million to help secure his election.
Russia vows "massive" retaliation following Ukraine's largest drone attack on Moscow and strikes on critical oil infrastructure.