EU Summit To Agree Sanctions Should Include Russian Oil Embargo With Pipeline Exemption

The 27 EU member countries would “address the issue of the temporary exception for crude oil…

U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar

U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in…

India 10-Year Bond Yield Rises To 3-Week High; GDP Data In Focus

India’s benchmark 10-year bond yield touched a three-week high in early trade, as global crude oil…

Equities Bounce Back While Yields, Oil Prices Drop

 Wall Street closed higher on Tuesday as investors waited for inflation data and worried about the…

Oil Tumbles About 6% As China COVID Lockdowns Weigh

Crude imports by China in the first four months of 2022 fell 4.8% from a year…

Oil Edges Higher On Tight Supply, Rising U.S. Refining Activity

Brent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West…

France Sanguine Differences Over EU Ban On Russian Oil Will Be Resolved

France’s new foreign minister said she was optimistic that those still opposed to a new European…

Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out

Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a…

Hungary Says Its Backing Of EU’s Russia Oil Ban Hinges On Hundreds Of Millions Of Dollars

Hungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal…

Indian Government In Talks With Russian Over Cut-Price Oil Deal – Report

India is in talks with Russia over a deal to buy oil at discounted rates, the…