home
>
related news
Oil prices battle supply concerns, recession fears in week ending May 13
- Oil starts week low as China fights COVID-19 leading to lower demand but ends higher as EU focuses on finalizing proposed ban on Russian crude
Supply fears from pending EU crude ban push oil prices higher
- Drop in global oil supply fuels concerns of scarce production, driving prices higher
Oil prices push $110 after EU proposes Russian oil ban
- Ban on crude oil to enter into force six months after adoption, and prohibit refined oil products by end of the year
Oil prices rise on larger than expected drop in US oil stocks
- European Commission expected to announce details of EU's sanction plans against Russia later today
Oil prices regain losses after Germany gives support to Russia oil ban
- European Commission expected to propose new package of EU sanctions this week
Oil prices drop amid data showing weak growth in China
- Low fuel demand in China and additional supply from Libya offset global supply concerns and relieved pressure on oil prices
Oil drops as China fuel demand falls on looming COVID-19 lockdown concerns
- Possibility of rapid COVID-19 spread in Beijing could require a Shanghai-like closure
Oil prices drop almost $7 with weaker global growth in w/e April 22
- Brent crude trades at $106.57 per barrel at 1005 GMT on Friday, marking $7 drop from Monday's closing of $113.16
Oil down from potential US interest rate hike, weak economic growth rates
- Higher US interest rate means higher US dollar rate and more expensive oil trade for buyers holding other currencies
home
>
related news
Biden to unveil homegrown biofuels to mitigate oil price hike
- US Department of Agriculture to provide up to $700M funding through new biofuel producer program
13.04.2022
Americas
Oil posts $7 weekly loss with more countries ready to release emergency reserves
- Overall about 240 million barrels of emergency oil stocks are set for release on global markets over next six months
Oil prices regain losses after new sanctions on Russia
- Fifth round of sanctions on Russia since the beginning of the war fuels supply disruption fears
Global oil prices rise amid strain of Russia-Ukraine war
- International Energy Agency to announce details of new emergency stock release this week
Oil prices down after $2+ rise in earlier trade fueled by supply worries
- Possibility of positive outcome on Iran nuclear talks limits price increases
Tight global supply pressures oil prices in week ending March 18
- Brent sees highest price of $113.15 on Monday, on back of ongoing supply fears after US and UK applied sanctions on Russia
Oil prices increase as Ukraine-Russia peace talks yield no result
- As war continues, worries over supply disruptions and further sanctions create upward pressure in prices
US bans oil, gas, energy imports from Russia amid war in Ukraine: Biden
- Many of our European allies and partners may not be in a position to join us, US president says
Brent pushes towards $130 amid embargo concerns on Russian oil
- The US and European allies are discussing the possibility of putting an embargo on Russian oil exports
Russia-Ukraine war pushes oil prices to new highs in week ending March 4
- Fears of supply disruptions amid sanctions targeting the Russian economy cause prices to reach highest levels in decade
home
>
related news
Russia-Ukraine war pushes oil prices to new highs
- Several Western energy companies withdraw involvement in Russian oil and gas projects since beginning of war
Oil prices continue descent as US-Iran talks near end
- Conclusion to nuclear talks could lead to Iranian oil supplies returning to global market
Oil prices retreat on positive progress in US-Iran talks
- US commercial crude oil inventories rise by 1.1 million barrels against expectation of 1.8 million-barrel draw
US high inflation data lowers oil prices
- Ongoing US-Iran talks also curb prices on possibility of more oil entering global markets
Oil prices decline despite data showing US crude drawdown
- Experts believe Brent oil could soar to $100 with uptick in fuel demand and ongoing geopolitical tensions
Oil prices up after unexpected drop in US stocks
- Drop in US stocks counters concerns of a possible supply increase from Iran
EU proposes public subsidies to boost microchips production
- European Commission reveals plan on turning bloc into leader in semiconductors market by 2030
Oil prices show limited rises on prospect of sanctions lift on Iran
- Lifting sanctions on Iran will allow Iran to pump more oil into the market
Oil prices mixed on global supply outages, harsh weather in US
- Price rises are limited with US-Iran nuclear talks entering final phase