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U.S. to say Indian refineries help make Russia oil price cap work

The G7 price cap on Russian oil is cutting the revenue that Moscow has available, and its effectiveness is helped by Indian refiners, according to remarks.

New-delhi , Delhi , India , Moscow , Moskva , Russia , Ukraine , Australia , Russian , Eric-van-nostrand , Anna-morris , Reuters

Oil prices ease, U.S. crude stock build fuels demand fears

Oil prices fell as larger-than-expected U.S. crude stockpiles and signs of prolonged elevated U.S. interest rates raised concerns about demand.

Gaza , Israel-general- , Israel , Qatar , Texas , United-states , Jerusalem , Qatari , Rakuten-yoshida , Joe-biden , Satoru-yoshida , Reuters

Nymex Overview: Petroleum Futures Closing Out February on a Quiet Note -- OPIS

Petroleum futures were moving in a narrow range Friday, closing out a month that has seen little commitment by traders. Less than 80cts/bbl separated the...

San-francisco , California , United-states , Chicago , Illinois , Texas , Tom-kloza , Los-angeles , Oil-price-information-service , Dow-jones-co , West-texas-intermediate , May-brent

Energy Climbs as Oil, Gas Futures Rebound -- Energy Roundup

Shares of energy companies rose as oil futures continued their recent up-swing. Brent crude oil futures have topped $81 a barrel. One strategist said gains...

Houston , Texas , United-states , United-kingdom , Russia , British , Rob-curran , Middle-east , Joyce-wealth , Article-normal , Energy

Oil prices struggle for direction as traders weigh Gaza cease-fire prospects

Oil futures edge lower as investors assess prospects of an Israel-Hamas cease-fire and weigh the outlook for crude demand from China.

Russia , Saudi-arabia , Israel , China , Russian , Ewa-manthey , Joe-biden , Warren-patterson , Barbara-lambrecht , Mikhail-mishustin , Commerzbank , Middle-east

Goldman Sachs Expects Low Price Volatility for Brent Crude in 2024 -- OPIS

The commodities team at Goldman Sachs said in a research note Sunday that 2024 will see Brent crude mostly trapped in a $70-$90/bbl pricing range with some...

Russia , India , Iran , Canada , Guyana , Saudi-arabia , China , Red-sea , Djibouti-general- , Djibouti , Texas , United-states

Trump could deliver lower oil prices but 'mixed stories' for oil and gas stocks

With a Biden-Trump rematch looking likely, here’s what the 2024 presidential race could mean for fossil fuels.

United-states , American , Donald-trump , Joe-biden , President-donald-trump , President-joe-biden , Article-normal , Election2024 , Election , 2024 , Trump