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Oil gains for 3rd day on Kurdish supply concerns, easing banking fears - Vimarsana News

Oil gains for 3rd day on Kurdish supply concerns, easing banking fears

Crude prices rose for a third session on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supplies and fears of a global banking crisis eased.

Perenco UK says 60% of oil spill in southern England recovered - Vimarsana News

Perenco UK says 60% of oil spill in southern England recovered

Anglo-French oil company Perenco's UK unit said on Wednesday it had recovered about 60% of the estimated oil leaked on Sunday at one of its well sites in Wytch Farm in Dorset, southern England.

U.S. energy secretary says it could take years to refill oil reserve - Vimarsana News

U.S. energy secretary says it could take years to refill oil reserve

It could take years for the United States to refill the Strategic Petroleum Reserve, the energy secretary told lawmakers on Thursday, after sales directed by President Joe Biden last year pushed the stockpile to its lowest level since 1983.