Oil
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World
The Kremlin’s defiance adds to questions over whether the price cap will work.
Moscow insisted that it would not sell oil that is subject to a price limit agreed upon by the Group…
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Business
Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The…
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Business
The Week in Business: Upheaval in China
Credit...Giacomo BagnaraWhat’s Up? (Nov. 27-Dec. 3) Chinese Protest ‘Zero Covid’ Policies China appeared to ease off some of its Covid…
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World
Ukraine’s Allies Agree on Russian Oil Price Cap
The plan to impose a top price of $60 a barrel on Russian crude will most likely make a small…
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Business
OPEC and Russia to Meet as Global Forces Weigh on Oil Market
As the West moves to intercede in oil trading, OPEC Plus, led by Saudi Arabia, is expected to protect its…
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World
E.U. Talks Over Russian Oil Price Cap Drag On
BRUSSELS — European Union ambassadors trying to reach an agreement on a top price for Russian oil continued to talk…
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Business
Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
The shape of the war, and its effects on global markets, in the months and years to come could determine…
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Business
U.S. Allows Chevron to Expand Energy Operations in Venezuela
BOGOTÁ, Colombia — The U.S. Treasury on Saturday granted Chevron a license for a limited expansion of energy operations in…
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World
As Venezuelan Antagonists Talk, the U.S. Softens Its Stance
BOGOTÁ, Colombia — A rare meeting between leaders of Venezuela’s bitterly divided government and opposition is expected to result in…
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Business
Ukraine’s Allies Near Imposing Cap on the Price of Russian Oil
A complex effort by Ukraine’s allies to deprive Russia of billions of dollars in oil revenue by putting a cap…