Brent crude futures dashed to two-month highs above $123 a barrel and could rise further, analysts…
Tag: oil demand
Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and…
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…
EU Not Ready To Agree Russia Oil Ban, Leaders Say
“We’re not there yet,” European Commission President Ursula von der Leyen said. Estonian Prime Minister Kaja…
India’s Imports Of Cheap Russian Crude Surge Since Ukraine Invasion
The volumes of India’s seaborne oil imports from Russia exclude CPC Blend oil, which is also…
G7 Calls On OPEC To Play Key Role To Ease Global Energy Supplies
Ministers from the G7 group stressed that they would not let the energy crisis derail efforts…
EU Fails To Agree On Russia Oil Embargo, To Try Again Monday Before Summit
The proposed sanctions on oil imports is part of the European Union’s sixth sanctions package on…
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
OPEC+ meets on June 2 and is expected to stick to last year’s deal to raise…
Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
The EU is due to meet on Monday and Tuesday to discuss a sixth package of…
Oil Settles Up Ahead Of U.S. Driving Season, EU Embargo Decision
Prices drew support from strong worldwide demand for fuel, with both gasoline and heating oil futures…