Oil Tops $130 a Barrel as Russian Attacks Escalate
Prices for April deliveries of crude have shot up since Russia invaded Ukraine and buyers began shunning the aggressor's oil exports.
Oasis, Whiting Near All-Stock Merger
The all-stock tie-up between the rival North Dakota shale drillers could be unveiled early this week. The companies combined would be worth roughly $6 billion.
U.S. Officials Meet With Regime in Venezuela, to Discuss Oil Exports
Venezuelan oil would return to the open international market under proposals that the U.S. is discussing in rare face-to-face meetings with officials of the Maduro regime, according to people familiar with the talks.
Carl Icahn Exits Occidental After Nearly Three Years
In a letter to the company's board, the activist investor says he has sold the remainder of his stake in the oil-and-gas producer and his two remaining board representatives are also resigning.
Biden Caught Between Inflation and Calls to Ban Russian Oil
Lawmakers are demanding a ban to punish Russia over the Ukraine invasion, but the move risks higher prices at the pump.
AGL Energy Rejects Revised Bid From Brookfield, Atlassian Co-Founder
AGL Energy rejected a revised takeover proposal from a Brookfield Asset Management-led consortium, saying it still materially undervalued the power generator and retailer.
South32's Sale of Metalloys Manganese Smelter Won't Proceed
South32 said the sale of the Metalloys manganese alloy smelter in South Africa to Satka Investments won't go ahead.
Europe Fears It Could Be Too Late to Shake Off Russian Gas Addiction
A decadeslong reliance on Moscow's energy has left Europe unprepared if the taps are turned off.
U.S. oil prices end at highest since 2008 as Russia-Ukraine war drives supply fears
Oil rallies on Friday, with U.S. prices settling at their highest since 2008, as supply fears remained elevated amid an ever-intensifying Russia-Ukraine war.
Iran Nuclear Deal Threatened by Russian Demands
Russia said it wanted written guarantees that Ukraine-related sanctions won't prevent it from trading broadly with Tehran under a revived pact.
(END) Dow Jones Newswires
03-07-22 0015ET
