Oil prices fell on Friday on course for little change on the week as a planned European ban on Russian oil balanced out investor concerns about weakening economic growth hitting demand. Brent futures for July were...
Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in U.S crude inventories. Brent crude was up 23 cents, or 0.2%,...
Oil hit its highest in seven weeks on Tuesday on European Union's ongoing push for a ban on Russian oil imports that would tighten supply and as investors focused on higher demand from an easing...
Oil prices fell on Monday, paring early gains as investors took profit following a surge in the previous session even as the European Union prepares an import ban on Russian crude and with limited increase...
Oil prices rose about 4% on Friday on high gasoline prices in US, China’s readiness to ease pandemic restrictions and investors concern over European Union’s ban of Russian oil. Brent futures rose $4.10, or 3.8%, to...
Brent crude was down $3.48, or 3.28%, at $102.46 a barrel on Tuesday as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more...
Oil prices slipped on Monday, along with stock markets in Asia, sparked by weak China data and fears a global recession could dampen oil demand, with investors eying European Union talks on a Russian oil...
Oil prices rose nearly 1.5% on Friday to post a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about...
Oil prices climbed for a third straight session on Friday as worries about tightening supplies underpinned prices ahead of an impending European Union embargo on Russian oil. Brent futures rose 88 cents, or 0.8%, to $111.78...
Oil prices extended gains on Thursday on supply concerns after the European Union laid out plans for new sanctions against Russia, including an embargo on crude in six months, offsetting concerns over weaker Chinese demand. Brent...