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Oil Price
‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel
Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.
Oil Price
Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak
Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.
Oil & Gas Supply
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.
Oil Price
Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says
An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.
Oil Price
Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…
Oil Price
Big Oil Is Pumping out Cash as if $100 Oil Has Already Arrived
The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.
Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Oil Price
TotalEnergies: High Oil Prices Are Here To Stay
TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
Crude Oil
Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.
Crude Oil
Ice Brent Crude at $90/bl
Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.
Oil Price
Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price
Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…

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