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Oil Crisis Latest News

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said.

Ukraine Halted Oil Flows To Europe Over Payment Issue, Russia's Transneft Says

Ecuador reached a preliminary agreement with indigenous groups to declare a temporary moratorium on 16 oil blocks, Energy and Mining Minister Xavier Vera said, a turning point in negotiations aimed at staving off renewed street protests.

Ecuador Reaches Preliminary Deals On Oil, Mining With Indigenous Groups

Cuba appeared to make progress bringing under control a fire at its main oil storage facility that has killed one firefighter, drawing on help from Mexico and Venezuela to fight the raging flames.

Cuba Gets Help From Mexico, Venezuela To Fight Oil Fire

Ukraine Halted Oil Flows To Europe Over Payment Issue, Russia's Transneft Says

Cuba Gets Help From Mexico, Venezuela To Fight Oil Fire

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