Oil prices settled down on Friday, falling 5% over the week, as potentially lower Chinese energy consumption from the lockdown of its Shanghai financial hub overshadowed supply tightness from Russian sanctions that kept the market up for weeks. ...
Oil prices fell for a third straight day on Thursday after the European Union paused on an immediate ban of Russian coal and other energy imports, providing itself some breathing room amid the global energy crisis. ...
US crude oil inventories rose last week for the first time in three weeks while stockpiles of distillates, which provide the diesel for trucks, buses and trains and fuel for jets, climbed a second week in a row, data from the Energy Information Admin ...
Oil prices tumbled more than 6 per cent, adding to Monday's drop of more than 5 per cent, as both the New York- and London-traded benchmarks settled below the key USD 100 per barrel mark for the first time since the start of Russia's "special militar ...
Oil prices extended their tumble on Tuesday, falling more than 5 per cent for the second day in a row based on international efforts to mediate over the Russia-Ukraine conflict and on renewed COVID-19 measures implemented by China after an unexpected ...
