Oil bull run continues as EU agrees to ban most Russian oil
Oil prices extended a bull run on Tuesday after the EU agreed to a partial ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand Continue Reading
Oil Roars to Sixth Monthly Advance on EU Ban, China’s Reopening
EU Leaders Back Partial Russian Oil Ban: Von Der Leyen Oil headed for its longest run of monthly gains in more than a decade as European Union leaders agreed to Continue Reading
Crude oil futures climb for eighth day as supply outlook remains bullish
Tightness in refined product markets continues to buoy oil prices Singapore 0.5%S marine fuel swap structure at all-time high Investors skittish after Iran seizes two Greek oil tankers Crude oil Continue Reading
Brent Crude Tops $120 as Shanghai Eases Curbs, EU Leaders Meet
Oil climbed as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude. Brent crude topped $120 a barrel, before paring some gains, Continue Reading
Oil prices climb to over 2-month highs ahead of EU meeting on Russia sanctions
Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether a planned European Union meeting would reach an agreement on banning Continue Reading
U.S., European thirst for fuel sends physical oil prices soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of physical crude oil Continue Reading
Oil Settles at Highest in 11 Weeks Amid Tight Global Market
Oil posted a fifth straight weekly gain to close at the highest since early March on continued signs of tight fuel inventories as Americans head into summer driving season. West Continue Reading
Brent could push past $150 per barrel if Russian oil exports shrink, Bank of America says
Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil exports, Bank of America (BofA) Global Research said on Friday. Continue Reading
Fertilizer Prices Drop 30% Following Demand Destruction
Tracking the Fertilizer Supply Squeeze Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock, but that doesn’t mean the market squeeze is over. The Continue Reading
Gas Prices Hit New Highs as Summer Driving Season Starts
With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot more to fill up their cars as the summer travel season begins this Memorial Continue Reading