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2 mins read
Oil drops over 3% as some concerns about supply recede in light of Russia-Ukraine peace talks
Oil fell by as much as 5% as Russia and Ukraine prepared for more peace talks, while a surge in Cov…
Adam Morgan McCarthy
2 mins read
Oil edges above $100 a barrel, but heads for a weekly loss as volatility stemming from Russia-Ukraine conflict remains high
Crude oil steadied above $100 a barrel, but volatility remained high, after the price plunged earli…
Adam Morgan McCarthy
2 mins read
Oil jumps over 3% as Ukraine peace talks stall and reports say the EU is considering a ban on Russian energy exports
Russia/Ukraine peace talks have stalled, while the EU reportedly considers banning Russian energy e…
Adam Morgan McCarthy
2 mins read
Oil rises despite strength in the US dollar, while Western leaders prepare sanctions on Russian energy.
Oil rose on Wednesday despite the dollar hitting two-year highs, while the EU banned Russian coal i…
Adam Morgan McCarthy
1 min read
Oil could jump above $100 for the first time since 2014 next year as demand soars, Bank of America says
Brent crude hasn't hit $100 since 2014. On Tuesday it jumped above $75 a barrel for the first time …
Emily Graffeo
2 mins read
OPEC chief says there's 'no capacity in the world' that could replace Russia's 7 million barrels a day in oil supply
There's no substitute for Russia's daily 7 million barrels, and OPEC has no sway over events drivin…
Adam Morgan McCarthy
2 mins read
Oil drops over 4% as COVID-19 cases force new lockdowns in China, while Russia and Ukraine talks resume
Oil dropped over 4% as COVID-19 cases rose in China, while supply worries receded as Ukraine said i…
Adam Morgan McCarthy
2 mins read
Oil prices jump as much as 3% as Saudi Arabia raises prices for customers across the globe, report says
Oil prices jumped as much as 3% on Monday as Saudi Arabia raised prices for its customers across th…
Adam Morgan McCarthy
4 mins read
Europe is closing in on Russian oil sanctions, but looks set to stop short of a full-blown ban. Here are 3 charts to explain why.
Here's a look at the energy trade between Europe and Russia as the EU closes in on oil sanctions &m…
Adam Morgan McCarthy
2 mins read
Oil steadies, but remains below $120 a barrel in volatile trade as EU remains divided on a potential ban on Russia's energy exports
Oil prices pull back slightly while the EU proposed sanctions on Russian energy exports and attacks…
Adam Morgan McCarthy
2 mins read
Morgan Stanley just raised its outlook for oil prices to $100 per barrel by the 3rd quarter. Here's why.
The bank said it now sees Brent crude jumping to $100 per barrel by the third quarter, updating its…
Isabelle Lee
2 mins read
Oil turns lower as positive signs in Russia-Ukraine peace talks ease concerns about supply
Oil prices fell Tuesday as Russia-Ukraine peace talks brought a promise of a military scale-back ne…
Adam Morgan McCarthy
2 mins read
Oil prices slip as Chinese COVID cases reach record highs and lockdowns intensify
Crude fell towards $100 a barrel as rising Chinese COVID cases threatened the demand outlook.
Adam Morgan McCarthy
2 mins read
US stock futures dip as investors focus on diplomatic talks between Russia and Ukraine ahead of key inflation data
Consumer inflation data and diplomatic talks between Russia and Ukraine in Turkey kept trading nerv…
Adam Morgan McCarthy
2 mins read
The IEA will release oil stockpiles in an effort to stem surging prices, new report says
The International Energy Agency, which is comprised of 30 countries, will release 60 million barrel…
Matthew Fox
2 mins read
Oil prices could hit $120 per barrel in June before heading back to earth as travel demand rebounds, Bank of America says
"Higher demand, falling spare production capacity, low oil inventories, and rising geopolitical ten…
Matthew Fox
2 mins read
A key oil price indicator turned bearish for the first time in weeks as watchdog signals oversupply possible
US oil prices slipped 3% to settle at $78.36 per barrel on Wednesday, the lowest finish since Octob…
Isabelle Lee
1 min read
Saudi Aramco is neck and neck with Apple for title of world's most valuable company as oil rally pushes it to $2 trillion market value
Rising demand as the world reopens from COVID-19 and a global energy price crunch have propelled th…
Natasha Dailey
1 min read
Oil Is Back Below $100
This week, oil has declined nearly 3%. Commodities across the board have also been flagging of late…
Rob Wile
1 min read
PRINCE ALWALEED: Oil Is Never Going Back To $100
The prince, who's made his billions on investments in Saudi Arabia, the United States, and around t…