Bearish News Is Mounting For Oil
Brent futures hover just above $100, and are set to close lower for a second week in a row as bearish pressure continues to mount in oil markets
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Brent futures hover just above $100, and are set to close lower for a second week in a row as bearish pressure continues to mount in oil markets
The war in Ukraine has led to price increases for commodities worldwide, but in contrast to grain, oil, and gas, soaring helium prices aren’t making the headlines
Oil prices are finally falling as a combination of Chinese lockdowns and a potential breakthrough in peace negotiations between Russia and Ukraine drive bearish sentiment
EU members are divided about imposing a new set of sanctions, with some country's pushing for a ban on oil and coal imports and Germany resisting
The three biggest international oilfield services firms remain in Russia, not following nearly all Western oil majors that have announced their exit from Russia