Oil prices are widening today as some members of the European Union have discussed a possible oil embargo on Russia, while attacks on Saudi facilities have disrupted the market. West Texas Intermediate futures are up $ 2.20, or 1.96%, at $ 114.32 a barrel, and Brent futures are up $ 3.18, or 2.75%, at $ […]
Tag: oil
Oil prices turn negative, at $ 115.29 per brent – Gas slightly decreases (upd)
LAST UPDATE: 10.51 Oil prices are coming under pressure after initial gains, with some members of the European Union discussing a possible oil embargo on Russia and attacks on Saudi facilities disrupting the market. West Texas Intermediate futures are down 0.51% at $ 109.42 a barrel and Brent futures are down 0.30% at $ 115.29 […]
Oil up, at $ 116 a brent – Stabilizers below € 100 per gas (upd)
LAST UPDATE: 14.31 Sharp fluctuations in oil prices are taking place today, with overnight sign changes as some members of the European Union discussed a possible oil embargo on Russia, while attacks on Saudi facilities disrupted the market. Oil prices started the day with gains of more than 2%, then returned to small losses and […]
Oil falls to $ 113.75 per brent – Exceeded € 100 for natural gas due to … Norway (upd)
LAST UPDATE: 16.35 Sharp fluctuations in oil prices are taking place today, with overnight sign changes as some members of the European Union discussed a possible oil embargo on Russia, while attacks on Saudi facilities disrupted the market. Oil prices started the day with gains of more than 2%, then returned to small losses and […]
Why Warren Buffett buys energy stocks with soaring prices
By Hank Tucker Oil prices have skyrocketed in the last month – as the driver who goes to fill his tank and every investor (in the West) in the oil / gas sector who reaps the profits can see. Whether energy stocks continue to outperform will largely depend on the duration of sanctions against Moscow. […]
Citi: What does the oil shock mean for the course of the shares – Is there a sell-off or a rally?
Her Eleftherias Kourtali Citigroup examines the four recent oil shocks and concludes that 12 months later, the MSCI World Index was twice as high (1979, 1990) and twice as low (1974, 2000). This happened despite the financial weakness in each case. As he estimates, world stocks are not a clear sell just because the price […]
Kremlin: embargo on Russian oil will hit EU energy balance hard
The energy balance in Europe will be severely affected if an embargo on Russian oil is adopted, something that does not apply to the United States to the same extent, the Kremlin said on Monday, through Dmitry Peshkov. Some European Union governments are pushing for a complete ban on Russian crude imports in a bid […]
EU-27 foreign ministers discuss sanctions on Russian oil and gas today
LAST UPDATE: 11.13 The foreign ministers of the 27-nation European Union will discuss further sanctions against Russia, including in the country’s gas and oil sectors, the EU’s High Representative for Foreign Affairs and Security Policy and Vice-President said on Monday. of the Commission Josep Borrell, according to Reuters. “The ministers will discuss it,” Borrell said […]
The EU is discussing the possibility of imposing an embargo on Russian oil
European Union governments will discuss imposing an embargo on Russian oil in response to the invasion of Ukraine this week, as US President Joe Biden is expected in Brussels for a series of special meetings aimed at further toughening measures against Moscow. “We are working on a fifth round of sanctions” and “many names” of […]
New rise in oil prices on Monday
Oil prices are rising as Ukrainian forces resist Russian attacks, while major oil producers have said they are finding it difficult to produce the quotas they have been given under a supply deal. Brent crude rose 1.8% to $ 109.89 a barrel, after rising 1.2% last Friday. US West Texas Intermediate was up 2% at […]
