Oil prices dip but remain on track for weekly gain on supply jitters
Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent futures slipped by 62 cents, or 0.
Oil on Track for Weekly Gain
Crude oil prices are on track for weekly gains despite geopolitical headwinds, inventory builds, and fluctuating expectations of a US-Russia peace deal that could ease sanctions on Moscow.
Oil prices on track for weekly rise amid supply disruptions
The U.S. Energy Information Administration (EIA) released its weekly report on Thursday for the week ending February 14. The EIA's latest report showed U.S. crude inventories rose by 4.6 million barrels to 432.5 million, higher than expectations of a 3.1 million barrels rise, indicating softer demand.
Oil holds near one-week high on supply concerns, sanctions on Russia eyed
Oil prices held near a one-week high on Wednesday on worries about supply disruptions in Russia and the U.S., while the market awaited clarity on sanctions as Washington tries to broker a deal to end the war in Ukraine.
Oil Set for Weekly Gains as Supply Concerns Weigh on Sentiment
Crude futures edged lower in early trade but were still poised for weekly gains of more than 1.5% on rising supply concerns and a weaker dollar.
Brent Oil Price Forecast: Supply Concerns And Technical Analysis
Brent crude prices had a poor finish on Wednesday, but still recorded its third consecutive day of gains as supply fears persist. Click to read.
Oil falls 2% but concerns over supply disruptions provide support
Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia provided support while there was continued uncertainty about a potential peace deal in Ukraine.
Oil prices set for large weekly gain on supply concerns and weaker dollar
Oil prices dipped in midday trading on Friday but were still on track to record a large weekly gain on concerns of tightening supply and a weaker dollar. Brent, the benchmark for two thirds of the world’s oil,
Easing of western sanctions might not boost Russian oil flows, Goldman says
Crude oil futures edged higher Wednesday, largely driven by fears over Kazakhstan's oil flows following a Ukrainian drone attack on a key pumping station for a pipeline in southern Russia carrying crude to the Black Sea,
Oil rises for third day on US fuel stocks draw, worries about Russia disruptions
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Peace Won’t Bring A Flood Of Russian Oil—For A While
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Russia is unmoved by Trump’s sanctions threats and offers on war
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Oil rises as drone strikes Caspian pump station, while Russia-Ukraine peace talks loom
Oil prices strengthened on Monday as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from ...
Middle East Eye21h
Would an end to the Ukraine war be bad news for Saudi Arabia and oil prices?
A Russia-Ukraine peace deal could cut crude prices by $10 per barrel, but the real impact will be felt elsewhere ...
Donald Trump’s Tariff Talk Continues To Hang Over Global Oil Markets
The U.S. president’s threat of slapping tariffs on major trading partners continues to rattle a crude market searching for ...
Oil Futures Retreat Into the Weekend Again
Oil futures fell, giving up gains of previous sessions that were fueled by near-term supply concerns and expectations that OPEC+ may put off returning barrels to the market in April as planned.