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Oil Rises Amid Escalating Geopolitical Tension

Oil rose after Ukrainian President Volodymyr Zelenskiy said his country would retaliate if Russia continues to block Ukrainian ports.

New yorkUnited statesSaudi arabiaUnited arab emiratesDevika krishna kumarVolodymyr zelenskiyInternational energy agencyOrganization of petroleum exporting countriesUs energy information administration onUkrainian president volodymyr zelenskiyPetroleum exporting countriesInformation administrationMiddle eastern dubaiDevika krishnaOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

Some Oil Buyers Seek Less Supply From Saudis After Price Hike

Some Oil Buyers Seek Less Supply From Saudis After Price Hike
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United arab emiratesAbuz abySaudi arabiaJohan sverdrupAugust september dubaiMiddle easternMiddle eastern dubai

Oil spread slumps most since January

There was no sign of relief on Monday, as Asian equities and oil futures declined after intervention by authorities.

United arab emiratesUnited statesNorth seaOceans generalCredit suisse groupWest texas intermediateSuisse groupMiddle eastern dubai

Middle East Producers Cannot Afford To Significantly Hike Oil Prices

Several Middle East producers hiked their OSPs for March delivery, and as producers remain cautious, so does OPEC

United statesUnited arab emiratesAbuz abyKuwait generalAl basrahAsh sharqiyahSaudi arabiaAbu dhabiGerald jansenSultan ahmed al jaberUmm luluAl zourSaudi aramcoUs oil drilling activity retreatsMiddle eastern dubaiArab light

Oil Falls as Possible Rate Hikes Stir Recession Fears

Oil fell alongside broader markets as Federal Reserve Chair Jerome Powell said interest rates will rise more than earlier expected, overshadowing concerns .

New yorkUnited statesUnited arab emiratesJerome powellEuropean unionFederal reserveFederal reserve chair jerome powellTexas intermediateEast coastMiddle eastern dubaiMiddle easternOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

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