This deal held well enough until the 1973/74 Oil Crisis when OPEC members plus Egypt, Syria and Tunisia, began an embargo on oil exports to the U.S., Great Britain, Japan, Canada and the Netherlands.

Moreover, she said that, if Ottawa moves to cut exports, “they will have a national unity crisis on their on ... to a voluntary freeze on oil prices amid the 1973 Arab oil embargo.

In another tweet, he took aim at President-elect Trump, asserting the incoming president has been bought off by the oil industry ... who claims there is a "climate crisis," has also warned ...

Three years ago. A scientist died in an accident during an experiment. His research was on “Third Energy,” a completely clean energy source. The accident occurred just as government funding ...

To call that a severe oil supply disruption would be a major understatement. Consider this… During the first oil shock in 1973, about 5 ... As we can see in the chart below, it would be the ...

1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.65 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.22 USD ...

Bruno Mars is a history-making artist! The superstar is officially the first artist in Spotify history to reach 150 million ...

Edible oil prices have been rising over the past week in the local market, as grocers say they are not getting enough supplies from the cooking oil companies. Amid the supply shortage in the ...

Americans agree that something needs to be done to fix the housing crisis. The median sales price for homes in the United States has increased more than 30 percent just since the pandemic.

Slovakia risks losing its supply of Russian oil after Ukrainian lawmakers began mulling a halt ... He claimed that Slovakia faces a "gas crisis". However, Slovakia is better prepared than his comments ...

Oil prices rose to three-month highs on Friday on perceptions of tighter U.S. sanctions on Russia impacting Moscow's ability to maintain its crude exports to Asia, among other factors. At 9:30am ...

Alberta Premier Danielle Smith says that if the federal government imposes an export ban on Alberta oil going to the United ... precipitate a “national unity crisis.” “Oil and gas is owned ...