Page 39 - Dated Brent News Today

The UAE, OPEC’s third biggest crude producer, said it is committed to meeting India’s energy demand as the growing oil consumer seeks to secure supplies with prices surging to near $100/b. The commitment to supplying India is included in the Joint UAE-India Vision Statement, which follows the signing of the India-UAE Comprehensive Economic Partnership Agreement ...

Iranian nuclear deal negotiators appear close to clinching a deal, bringing the prospect of significant supplies coming on to a tightening oil market and intensified intra-OPEC+ competition. Both sides have signaled that an agreement could come within days. Iran’s foreign ministry said Feb. 21 the negotiations had progressed considerably, with two or three remaining issues ...

The weakness in Russian crude runs counter to much of the rest of the physical market.

Weakness in the Russian Crude runs counter to much of the rest of the physical market.By Sherry Su and Alex LongleyBloombergPublished On 22 Feb 202222

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Crude oil price recorded the first weekly loss after eight consecutive weeks of gains. Investors are keen on the Russia-Ukraine conflict.

Oil posted its first weekly loss in two months as traders weighed heightened geopolitical tensions over Ukraine against the potential for Iranian barrels to be added to the market.

Oil posted its first weekly loss in two months as traders weighed heightened geopolitical tensions over Ukraine against the potential for Iranian barrels to be added to the market. West Texas Intermediate (WTI) for March delivery closed down 0.7 percent at US$91.07 a barrel on Friday. US crude fell 2.2 percent this week, fluctuating as prices of commodities from gas to metals and food swung with every twist and turn in the standoff between the West and Russia. Brent crude for April delivery on ...

Rigzone's regular market watchers look at the 800lb gorilla that's spooking investors, Iran nuclear negotiations, oil hitting $100 for the first time since...

Oil posted its first weekly loss in two months as traders weighed heightened geopolitical tensions over Ukraine against the potential for Iranian barrels t...