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By Barani Krishnan Investing.com -- Oil prices fell for the first time in five days as market participants showed their displeasure at Europe’s continued waddling over its proposed ban on Russian...
I want to highlight two critical oil charts. The first is from Goldman Sachs and it illustrates broad levels of oil spending globally. Remember that conventional global reserves run off at 5-7%...
If Europe were to ban crude oil and natural gas from Russia, it would be committing “economic suicide”, Russian President Vladimir Putin said on Tuesday. Putin added that attempting to reduce energy...
Washington will start to relax restrictions placed on U.S.-based oil company Chevron with regards to its crude business in sanctioned Venezuela. Chevron will soon be able to negotiate directly with...
Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's premium newsletter provides...
Crude oil settles near lows for the day WTI crude oil futures are closing near low levels on the day. The settle price is at $112.40 which is down -$1.80 or -1.58%. The low for the day reached...
The United States is considering proposing that European countries impose a tariff on Russian oil to allay concerns about the security of supply and surging oil prices, U.S. Treasury officials told...
U.S. officials say the proposal could hit Russian oil fast while keeping oil price rises in check.
The biggest holdout to an EU embargo on Russian oil imports, Hungary, continues to dig its heels in, and has told the other European Union members it would need at least $811 million (770 million...
Last week, oil prices continued fluctuating in the range of $100-113 a barrel. During the week, there was news that moved prices up and down without changing the market’s medium-term outlook. On...
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