home
>
related news
Oil down over lagging EU ban on Russian oil exports
- Demand concerns in China, as country tightens its zero-COVID policy are putting downward pressure on prices
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 up over supply uncertainties due to EU ban on Russian oil
- Limiting further upticks, US crude oil inventories are estimated to rise, signaling weak demand in world’s top consuming country
Oil prices fall with demand fears in China, strong dollar
- Stalled sanctions from objections of EU members who seek exemptions to ban on Russian oil exports limits upward price movement
Oil settles lower on blurry supply outlook ahead of plan to ban Russian oil
-China's pandemic restrictions, Saudi Arabia's decision to sell oil prices lower for Asian and European clients contribute to demand woes
Oil gains around 6% during week ending May 6 on supply fears
- European Commission proposal to ban Russian oil, reluctance of OPEC+ producers to add stock to market supports prices
Oil up over sustained supply worries due to EU proposal to cut Russian oil
- OPEC+'s decision to maintain same production plan for June also supports prices
Oil prices up over proposed ban on Russian gas supplies
- Investors are monitoring OPEC+ group meeting scheduled later Thursday
home
>
related news
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 gains around 4% during week ending April 29 over supply fears
-Ongoing Russia-Ukraine war and related sanctions on Russia continue fueling higher prices while COVID-19 measures in China limit further increases
Oil up as Germany considers greenlighting sanctions on Russian fossil fuels
- Among top importer of Russian fossil fuels, Germany has been in opposition to ban on Russian oil and gas
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 up over escalating supply woes as Russia halts gas to Poland, Bulgaria
- US crude oil inventories are expected to rise by over 4.78 million barrels, limiting further price increases
Oil up despite low China demand over COVID-19 lockdowns
-Russia-Ukraine war, however, continues to put upward pressure on prices, raising supply fears
Oil down over continuing COVID-19 lockdown, potential US interest rate hike
- Prolonged COVID-19 closure measures in Shanghai interrupt logistics management and supply chains
home
>
related news
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
Oil price up over sustained fears of tight supply from Russia, Libya
- Fall in US oil inventories by 8 million barrels last week supports upward price trajectory
Oil price up over tight supply worries from Russia and Libya
- Projection of drop in US oil stocks also supports upward price movement
Oil price dwindles on supply woes from Libyan cuts
- Concerns over tight market with lowering demand projections in China both contribute to marginal price drop
Oil up over supply fears amid growing tensions in Ukraine
- EC Commission President von der Leyen calls on EU countries to quickly supply weapons to Ukraine and hints at possibility of sanctions on oil
Oil prices rise more 7% over fears of EU ban on Russian oil in week ending April 15
- EU is considering gradual ban on Russian fossil fuels, according to international media
Oil down over massive build in US crude stocks, demand fears in China
- Inventories with rise of 9.4 million barrels last week encourages investors to capitalize on high price gains
Oil volatile with stalemate in Russia-Ukraine talks, rise in demand risks
- Conflict in Ukraine, OPEC+ output decisions, rate at which US oil and natural gas producers increase drilling are main drivers of price uncertainties in 2022