Oil prices jumped over 3% with investors worried about tighter supply as mounting civilian deaths in…
Tag: OIL
Europe Can Learn Lessons From 1970s Oil Shock As Rationing Looms
With Russia threatening to cut off the supply of vital gas and oil, European governments are…
U.S. Warns India, Others Against Sharp Rise In Russian Oil Imports -Official
A significant increase in Russian oil imports by India could expose New Delhi to a “great…
Oil Slides About 7% On Concerns Of Weaker Chinese Demand
Crude futures have been volatile since Russia’s invasion of Ukraine in late February. Last week, Brent…
Oil Rises To Over $120/bbl After Attack On Saudi Facilities
Crude prices rose more than 1% to over $120 a barrel on Friday, as traders reconciled…
India’s February Oil Imports Surge As Refiners Boost Runs
Oil imports by Asia’s third-largest economy rose 5% from January and were up 24% from a…
Oil Price Benchmarks Fall Below $100, First Time In Weeks
Oil prices tumbled more than 6% on Tuesday to their lowest in almost three weeks By …
Oil Surges To Multi-Year Highs As Russian Supply Shortfall Looms
Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified…
Russia-Owned SCF Oil Tankers Rerouting From Canada, Returning To Russia
Two oil tankers owned and managed by Sovcomflot are rerouting from their Canadian destinations, while a…
Oil Falls From Seven-Year High As Russia Tensions Offset Fed Tightening
Global benchmark Brent fell 62 cents to settle at $89.34 a barrel, while U.S. crude closed…