crude oil
US Slaps Sanctions on Mexican Companies Helping Venezuelan Oil
The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country.
June 19, 2020Fears of Second Virus Wave Fizzle Oil Market

Oil fell again as a fresh coronavirus outbreak in China, and increases in cases elsewhere, spurred concerns that a second wave of the virus will derail a nascent economic recovery.
June 15, 2020Texas Oil-Export Terminals Start Up Even as Shipments Tumble
Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for U.S. crude.
June 12, 2020Oil Set for First Weekly Drop Since April on Second-Wave Fears
Oil is heading for its first weekly loss since April, when prices collapsed below zero.
June 12, 2020US Targets Sanctions for Iran-Venezuela Oil Tanker Trade

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.
June 9, 2020Diesel Increases by a Penny; Gas Climbs Back Above $2
The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.
June 8, 2020Oil Erases Gains With Saudis Ending Extra Output Cuts

Oil fell after Saudi Arabia said it wouldn’t continue its additional, deeper output curbs after June.
June 8, 2020Cristobal Expected to Regain Strength After Storm’s Pass Over Mexico

The hills of the Yucatan Peninsula sapped Tropical Storm Cristobal of some of its power on June 4, but forecasters warn it will likely gain strength as it heads north across the Gulf of Mexico to the U.S coast, where it could bring downpours, high winds and rough surf.
June 4, 2020Cristobal Batters Mexico Before Heading North to Gulf Coast

Tropical Storm Cristobal brought heavy rain to southern Mexico June 3, and with a forecast that has it re-entering the Gulf of Mexico within a day, oil-platform workers are already being evacuated.
June 3, 2020OPEC+ Edges Closer to Compromise to Extend Deepest Ever Cuts
OPEC and its allies edged closer to a consensus on extending production cuts to prop up the oil market, even as wrangling continued for a third day about whether to bring forward their next meeting.
June 2, 2020