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Oil prices settled lower on Tuesday on fears the U.S. Federal Reserve will surprise markets with a higher-than-expected interest rate hike.
Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax
Calender
Jul 31, 2022 05:51 AM
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2 mins read
Oil prices settled lower on Tuesday on fears the U.S. Federal Reserve will surprise markets with a higher-than-expected interest rate hike.
Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing
Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing
calender
Jul 31, 2022 05:48 AM
Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May
Oil Extends Gains As Major Producers Flag Capacity Limits
Oil Extends Gains As Major Producers Flag Capacity Limits
calender
Jul 31, 2022 05:44 AM
Saudi Arabia and the UAE have been seen as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to make up for lost Russian supply and weak output from other member nations.
Oil Jumps 4% As U.S. Gasoline Prices Hit Record High
Oil Jumps 4% As U.S. Gasoline Prices Hit Record High
calender
Jul 31, 2022 05:41 AM
Oil prices rose about 4% as U.S. gasoline prices jumped to a record high.
Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
calender
Jul 31, 2022 05:38 AM
The EU is due to meet on Monday and Tuesday to discuss a sixth package of sanctions against Russia for its invasion of Ukraine, actions which Moscow calls a "special military operation".
Oil Tumbles About 6% As China COVID Lockdowns Weigh
Oil Tumbles About 6% As China COVID Lockdowns Weigh
calender
Jul 31, 2022 05:34 AM
Crude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.
Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
calender
Jul 31, 2022 05:30 AM
Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
Oil Prices Extend Gains After EU Bans Most Russia Oil Imports
Oil Prices Extend Gains After EU Bans Most Russia Oil Imports
calender
Jul 31, 2022 05:27 AM
European Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 2022
Oil Edging Higher Supported By The Prospect Of A Tight Market
Oil Edging Higher Supported By The Prospect Of A Tight Market
calender
Jul 31, 2022 05:24 AM
U.S. petrol stocks fell by 482,000 barrels to 219.7 million barrels, U.S. Energy Information Administration said. The start of summer driving season in the United States normally entails increased consumption.