Crude futures fell hard last…
Oil prices started the month…
The European Commission on Wednesday officially proposed a full ban on Russian crude and oil product imports by the end of the year—a move that sent
Crude oil prices remained bullish Tuesday morning after the latest signal from the European Union that it is preparing to impose an oil embargo on Russia.
With oil prices still over $100 a barrel, one thing is certain. Oil companies are going to make big profits. But misconceptions abound about the connection between high…
Crude oil prices are set to record the longest string of monthly gains since early 2018, Bloomberg reported today, citing the increased price volatility resulting from the war…
The biggest energy shock since the 1970s is expected to keep oil and other energy prices elevated for years as the Russian invasion of Ukraine is changing energy trade flows…
Oil prices have fallen to a two-week low, dipping below $100 on fears of the further demand consequences of a COVID-19 lockdown in China that has sparked bearish…
Oil demand in the world’s top crude oil importer, China, is expected to decline by 1.2 million barrels per day (bpd) in April from a year ago—the largest hit to…
Crude oil price moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 15. This…
As Shanghai prepares to reopen factories amid a strict COVID-19 lockdown that had driven oil prices lower last week, the IMF has cut its global economic growth forecasts…
Oil prices could shoot up to a record $185 per barrel if the European Union acts to impose a full immediate ban on imports of Russian oil, JPMorgan says. The…
Supported by outages in Libya and concerns about the loss of some Russian supply, oil rose early on Monday after a long weekend, returning to the levels last seen at…
With Russia's invasion of Ukraine looking likely to transition into an extended war of attrition in the east of Ukraine, oil supply jitters in the market have cooled…
One popular saying in the oil industry says that the only cure for high oil prices is high oil prices. With a war in Europe, tight global supply…
Oil prices dipped by more than 4% early on Monday, with Brent falling below $100 a barrel, as COVID-related lockdowns in China weighed on demand expectations, while the coordinated massive…
With countries around the world experiencing increasing energy insecurity following the Russian invasion of Ukraine, many are looking for ways to increase their oil and gas supply. Rising…
Last week, Crude oil prices posted their biggest one-week loss in nearly two years thanks to an apparent breakthrough in peace talks between…
Russia’s energy ministry has delayed the publishing of official data for the country’s oil production for March, citing technical issues, yet reports in local media suggest that oil output fell…
The world’s largest crude oil exporter, Saudi Arabia, raised its official selling prices for its flagship crude to the Asian market in May to a fresh record against regional benchmarks,…
The unprecedented decision by Biden to release 180 million barrels of oil from the country's strategic petroleum reserve over the next six months has sent oil prices below $100. While…
Since Russia invaded Ukraine in late February, several countries have introduced sanctions on the country, restricting trade and stopping Russian energy imports. This has led to severe oil…