Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...
Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates and the nation’s cheap crude support the trade, according to Goldman Sachs ...
The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is ...
Oil traders who bought options in a bet that crude oil would snap out of its doldrums are set to reap the rewards as prices surge on fresh sanctions against Russia. A gauge of implied volatility ...
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...
(Bloomberg) -- Oil fell ... the price of crude, reviving a tactic to control energy prices that he frequently employed during his first term in office. West Texas Intermediate futures slid 1.1 ...