oil

A barrel of Brent oil is now trading around $110. In mid-June, the price was still around $125. Commerzbank economists they expect prices to fall towards $95 by the end of 2022. The oil market…
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Oil prices fell in a break after three consecutive uptrends, as worries about the global economy eased, while limited supply "picked up" the losses. Brent crude for August delivery fell 98 cents, or 0.8 percent,…
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French President Emmanuel Macron has said he supported the idea of ​​a cap on Russian oil prices at the G7 summit, as he felt that some were making money from the Russian invasion of Ukraine, which has pushed up energy…
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Oil prices rose for a third day as major oil producers Saudi Arabia and the United Arab Emirates seemed unlikely to boost production significantly, as political unrest in Libya and Ecuador heightened supply concerns.…
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The G7 countries must prepare for the complete cessation of Russian gas pipelines in the near future, and this could have serious consequences for Europe's economy, a CNBC analyst has warned. "The G7 needs to…
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Venezuelan President Nicolas Maduro on Monday night called on French companies to go to his country, following France's announcement that it would seek to "diversify its supplies", looking at possibilities in Iran and…
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US oil extends its gains to two consecutive days, although it faces solid resistance at the 50 EMA around $110.33. OPEC+ cut its 2022 market surplus to 1 million bpd, while political turmoil in…
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France wants the oil of Iran and Venezuela, countries under sanctions, to return to international markets in order to counter the squeezing of Russia's global energy supply, a French presidency official said on Monday.…
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The G7 countries will today commit to a new package of coordinated actions aimed at increasing pressure on Russia over the war in Ukraine and finalize plans for a price ceiling on Russian oil, a senior US official said…
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With the G7 Summit underway, A US official said on Monday that the G7 is close to setting a global price cap on Russian oil.. Featured Comments "We will issue coordinated measures tomorrow to…
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