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Oil prices slid on Tuesday from their highest levels in a month after Chinese economic data dampened market sentiment and the head of the International Monetary Fund warned of a tougher 2023.

By Florence Tan SINGAPORE (Reuters) - Oil prices slid on Tuesday from their highest levels in a month on a stronger dollar and after the head of the I...

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Prices had settled more than 2pc higher on Friday.

Prices had settled more than 2pc higher on Friday.

ISTANBUL (Reuters) - The number of oil tankers waiting in the Black Sea to cross Istanbul's Bosphorus strait on the way to the Mediterranean rose by five to 16 on Thursday, a shipping agency said, amid talks between Western and Turkish officials on steps to resolve the tanker queues there.

At least 20 oil tankers queuing off Turkey face more delays to cross from Russia's Black Sea ports to the Mediterranean as operators race to adhere to new Turkish insurance rules added ahead of a G7 price cap on Russian oil, industry sources said. Turkish maritime authorities issued a notice seen by Reuters last month asking for additional guarantees from insurers that the transit through the Bosphorus would be covered starting from the beginning of this month.

ISTANBUL -- At least 20 oil tankers queuing off Turkey to cross from Russia's Black Sea ports to the Mediterranean face more delays as operators race to

ISTANBUL -At least 20 oil tankers queuing off Turkey to

At least 20 oil tankers queuing off Turkey to cross from Russias Black Sea ports to the Mediterranean face more delays as operators race to adhere to new Turkish insurance rules added ahead of a G7