Oil prices rose about 4% as U.S. gasoline prices jumped to a record high. By Reuters…
Tag: OIL
Iran Says Crew Of Two Seized Greek Tankers Not Detained And Are On Board
Iranian forces seized two Greek tankers in the Gulf, shortly after Tehran warned it would take…
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about…
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions…
Oil Rebounds As New Iran Sanctions Fuel More Supply Concerns
The rise in oil prices comes after the US announced new sanctions on Iran, and as…
Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers
Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about…
EU Agrees Russian Oil Sanctions, Gives Hungary Exemptions
The ban on seaborne imports of Russian oil will be imposed with a phase-in period of…
Iran Says Crew Of Two Seized Greek Tankers Not Detained And Are On Board
Iranian forces seized two Greek tankers in the Gulf, shortly after Tehran warned it would take…
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…
Oil Prices Extend Gains After EU Bans Most Russia Oil Imports
European Union leaders agreed in principle to cut 90% of oil imports from Russia by the…