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Oil prices slipped on Tuesday in a second day of thin trading in Asia, pulled in opposite directions by China’s COVID-19 lockdowns, which could weigh on fuel demand, and prospects for a supply hit from a possible European oil embargo on Russia. Brent crude LCOc1 futures fell 23 cents, or 0.2%, to $107.35 a barrel ...
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose on Tuesday, extending gains from the previous session, as the European Union firmed up plans to t...
Brent crude futures rose 25 cents, or 0.2%, or $107.83 a barrel at 0234 GMT, while US West Texas Intermediate (WTI) crude futures climbed 17 cents, or 0.2%, to $105.34 a barrel.
Tehran's oil exports have been limited since former US President Donald Trump in 2018 exited a 2015 nuclear accord and reimposed sanctions aimed at curbing oil exports and the associated revenue to Iran's government.
Iranian oil exports have risen to more than 1 million barrels per day for the first time in almost three years, based on…