Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts ...
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
The near-term prices of Brent crude oil falling between $78 and $83/bbl appear to be a “relatively comfortable range,” OCBC said.
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