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May 13, 2022
As the EU continues to talk about a possible embargo on Russian crude, several agencies have lowered demand growth forecasts for 2022 as they signal an increasingly difficult macro-economic environment
May 13, 2022
NEW YORK: Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans Russian oil.
May 12, 2022
NEW YORK: Oil prices settled mixed on Thursday as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial markets as inflation soars.
May 10, 2022
In this week’s edition, we are getting technical on the EUR/USD, S&P 500 and WTI crude oil.
May 10, 2022
- Stalled sanctions from objections of EU members who seek exemptions to ban on Russian oil exports limits upward price movement - Anadolu Agency
May 10, 2022
Crude oil prices remain exceptionally volatile on Tuesday, with WTI fluctuating between sub-$100 and nearly $104 per barrel after sinking from more than $110 on Monday
May 4, 2022
SINGAPORE: Oil prices rose at the start of Asian trade on Wednesday after industry data showed drawdowns in U.S. crude and fuel stockpiles, raising supply concerns and offsetting worries about slowing demand from top importer China.
May 4, 2022
NEW YORK: Oil prices jumped on Wednesday, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, raising concerns about further market tightness as those nations hunt for adequate supply.
May 3, 2022
NEW YORK: Oil prices reversed course to settle in positive territory on Monday on a rally in the diesel market and fears that supply might be crimped by a potential European Union ban on Russian crude.
May 1, 2022
Wall Street brokerages expect that W&T Offshore, Inc. (NYSE:WTI – Get Rating) will announce earnings of $0.20 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for W&T Offshore’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.18. W&T Offshore posted earnings of $0.11 per share during […]