The rupture occurred at milepost 171, near Fort Ransom, South Bow said. A release of crude oil from the pipeline was confined to an agricultural field south of the pump station, Suess said.

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

New Delhi: According to the reports coming in from Lucknow, vast oil reserves have been discovered on land owned by the family of Chittu Pandey, a well-known freedom fighter. The discovery of oil ...

Tighter U.S. sanctions on Iran and Russia, threats of sanctions on buyers of Venezuelan oil and concerns over a possible tariff-related recession have all provided support to oil, setting up ...

Donald Trump said he was “pissed off” with Vladimir Putin for foot-dragging in talks over a ceasefire with Ukraine as the US president threatened secondary tariffs on buyers of Russian oil if ...

US president Donald Trump said on Sunday he was “p****d off” with Russian president Vladimir Putin and will impose secondary tariffs of 25 per cent to 50 per cent on buyers of Russian oil if ...

“That would be that if you buy oil from Russia, you can’t do business in the United States,” he added. “There will be a 25% tariff on all oil, a 25- to 50-point tariff on all oil.

United States President Donald Trump vowed to impose hefty financial penalties on Russian crude oil imports if Moscow does not sign up to a ceasefire in Ukraine within the next month. Speaking in an ...

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Global Oil Terminals has become the second U.S. oil company to lose authorization to operate in Venezuela, following Chevron, which faced a similar notice last month. Global Oil must complete all ...

Oil magnate Harry Sargeant III is a GOP donor well known for his back-channel efforts to temper hostilities between the U.S. and Venezuela. On Friday, the Trump administration ordered his oil ...

President Donald Trump is upset with Russian President Vladimir Putin and would consider “secondary tariffs” on Russian oil if a ceasefire with Ukraine can’t be reached, NBC News reported.