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can the eu agree on a ban on russian oil? it's not looking hopeful. eu leaders meet again to see what might be done. resistance, notably from hungary, has held up the eu's troubled sixth lot of sanctions. 0ther landlocked countries, such as slovakia and the czech republic, have also asked for more time, due to their dependence on russian oil. bulgaria, already cut off from russian gas by gazprom, has likewise asked for opt—outs. but prime minister viktor 0rban�*s hungarian government, which has compared an oil ban to dropping a nuclear bomb on its economy, is seen as the ultimate...

The world's most important oil price is working better than ever thanks to an infusion of crude from west Texas.

The weakening signs in physical markets have been driven by peak refinery maintenance, extra supply from the US, and a recovery from outages at some producers

Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle East, according to analysts and traders. Brent...

Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil, according to... -April 01, 2024 at 01:20 am EDT - MarketScreener