LAST UPDATE: 11.45 Oil prices fell more than 5% on Tuesday amid talks between Ukraine and Russia and demand concerns in China following a sharp rise in coronavirus cases. In particular, the American crude press WTI April delivery fell 5.38% to $ 97.47 a barrel, while the Brent May delivery slides 5.37% to $ 101.16 […]
Tag: oil
Oil: Losses of more than 7% against the backdrop of Ukraine and demand in China – Gas up
LAST UPDATE: 13.19 Oil prices fell more than 7% on Tuesday amid talks between Ukraine and Russia and demand concerns in China following a sharp rise in coronavirus cases. In particular, the American crude press WTI April delivery fell 8.13% to $ 94.66 a barrel, while the Brent May delivery slipped 7.72% to $ 98.61 […]
Less than $ 100 oil – Mild rise for gas
LAST UPDATE: 14:25 Oil prices fell more than 7% on Tuesday as talks between Ukraine and Russia continued, and demand is expected to be hit by China following a sharp rise in coronavirus cases. In particular, American crude WTI April delivery fell 8% to $ 94.77 a barrel, while the Brent May delivery slipped 7.29% […]
White House: US not discussing oil markets with Venezuela ‘right now’
White House spokeswoman Jen Psaki said Monday that there were no “active discussions” at the moment about the US purchase of oil from Venezuela, during a briefing for accredited authors. A few days ago, Caracas released two Americans detained in the country, a gesture of goodwill that fueled the scenario of a resumption of relations […]
Diving over 5% for oil
Oil prices fell sharply on Monday amid reports that Washington was considering turning to Venezuela to boost global supplies amid the war in Ukraine. April futures fell $ 6.32, or 5.8%, to close at $ 103.01 a barrel, slipping below $ 100 a barrel. Brent crude for May delivery lost $ 5.77, or 5.1 percent, […]
German Ministry of Foreign Affairs: We must reconsider the ban on new drilling for oil and gas in the North Sea
Germany should reconsider its ban on new drilling for oil and gas in the North Sea as it seeks to reduce its dependence on Russian energy over its invasion of Ukraine, Finance Minister Christian Lindner said on Sunday. Reuters. According to the coalition agreement between Chancellor Olaf Soltz’s Social Democrats, Lindner’s Greens and Free Democrats […]
Reactions inside the US for possible lifting of sanctions in Venezuela
The Biden administration’s interest in regaining access to Venezuela’s oil has provoked strong reactions within the country, amid concerns that it will support an authoritarian regime that is a close ally of Russia, according to a Wall Street Journal article. Reactions have come from both Republicans and many prominent Democrats, as well as the US-backed […]
G. Stournaras: The effects of the Russian invasion on the Greek economy
The governor of the Bank of Greece, Giannis Stournaras, referred to SKAI about the effects of the Russian invasion on the Greek economy and the economy of the eurozone, noting that at the moment there is still uncertainty, and all scenarios depend on what will happen in Ukraine. As the BoG commander clarified, “the West […]
Oil: Gather around 5% weekly losses by ‘jumping’ over 3%
Oil prices closed higher on Friday, narrowing weekly losses as traders weighed their concerns on global energy supplies in the face of another US move to step up pressure on Russia to halt its attack on Ukraine. In particular, US President Joe Biden on Friday called on the United States to lift the trade regime […]
Oil: Save up to 5% on weekly losses by ‘jumping’ over 3%
Oil prices closed higher on Friday, narrowing weekly losses as traders weighed their concerns on global energy supplies in the face of another US move to step up pressure on Russia to halt its attack on Ukraine. In particular, US President Joe Biden on Friday called on the United States to lift the trade regime […]
