Cars
Reuters
Jul 31, 2022, 5:41 AM
Oil prices rose about 4% as U.S. gasoline prices jumped to a record high.
2 Min
Reuters | Jul 31, 2022Oil Above $120 A Barrel Ahead Of EU Meeting On Russia SanctionsThe 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".2 mins read- car&bike Team | Jul 31, 2022Oil Tumbles About 6% As China COVID Lockdowns WeighCrude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.2 mins read
Reuters | Jul 31, 2022Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU MeetsOil 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.2 mins read
Reuters | Jul 31, 2022Oil Prices Extend Gains After EU Bans Most Russia Oil ImportsEuropean Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 20222 mins read- Reuters | Jul 31, 2022Oil Edging Higher Supported By The Prospect Of A Tight MarketU.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.2 mins read
- Reuters | Jul 31, 2022India Oil Cos' $125.5 Million Dividend From Oil Assets Stuck In RussiaEuropean countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on Feb. 24, but India has not explicitly condemned the action.1 min read
- car&bike Team | Jul 31, 2022Oil Falls 2% On Powell Comments, Hopes For Venezuela SupplyRussia's production dropped by 9% in April, and the country, part of the OPEC+ group, produced far below levels required under a deal to gradually ease record output cuts made during the worst of the pandemic in 2020.2 mins read
- Reuters | Jul 31, 2022Oil Gains 1.5%, Posts Another Weekly Rise On Supply ConcernsOil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.2 mins read
