Russian Crude Piles Up but Oil Prices Refuse to Move

The oil market’s main bullish driver is the Rosneft/Lukoil sanctions, but so far they’ve only led to a buildup of Russian crude at sea. Total’s Power Move Questions Oil Majors’s Renewable Pull-Out - France’s national oil champion TotalEnergies (NYSE:TTE) has agreed to purchase a 50% stake in Western European power generation assets held by the Czech billionaire Daniel Kretinsky. - TotalEnergies committed to European power assets just as it was reported to be considering selling some of its renewable energy assets…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com