Oil Rises As Traders Ignore Massive U.S. Stockpile Build, Favour Fujairah Draw
Meanwhile, Brent at $88 later this year is predicted.
Source: shipandbunker.com
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Russian oil price cap under growing scrutiny as prices rise
When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.Moscow had taken its own steps to soften the impact of the price cap, including before its introduction eight months ago.
Source: yahoo.com
Russian Oil Price Cap Under Growing Scrutiny As Prices Rise
When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.
Source: ibtimes.com
Oil Prices Could Soon Break $100 As Upside Risk Grows
Oil prices could head back above $100 sooner than many analysts had expected, with oil markets set to tighten in the near future
Source: oilprice.com
Oil ETFs Gain on Optimistic Demand Outlook
Oil-related exchange traded funds climbed Thursday after the International Energy Agency raised projections on global crude demand growth for the year.
Source: etftrends.com