2026
Ukraine Strikes Russian Oil Drilling Platforms in Caspian Sea
Ukraine overnight targeted three drilling platforms in the Caspian Sea owned by Russian oil major Lukoil in the latest move to weaken Russia’s economic capacity to fund its war effort.
Venezuela Oil Revival Won’t Rely on Funding From US, Burgum Says
The Trump administration is unlikely to provide financial support to help US oil companies revitalize Venezuela’s oil sector, Interior Secretary Doug Burgum said Friday, throwing cold water on hopes the multibillion-dollar effort would be subsidized by the US government.
Commodity Hedge Fund Conductor Capital Closes Down
Conductor Capital Ltd., a specialist commodity hedge fund started by former EDF Trading executives, is closing down.
