Oil Rips Higher Past $105 a Barrel Oil extended its relentless rally above $110 a barrel before an OPEC+ meeting as the severity of disruption to Russian supplies showed signs Continue Reading
One-month $115/b Brent forecast ‘skewed to the upside’ Brent crude surges over $112/b to fresh seven-year high Sees 6 million b/d of seaborne exports at risk from ‘shadow sanctions’ Global Continue Reading
Crude oil futures were higher in mid-morning Asian trade on March 1, as the market assesses the impact of restrictions on Russia’s use of SWIFT international payment system amid the Continue Reading
U.S. and allies may tap 60 million barrels; talks ongoing Oil pushed higher as the Russian invasion of Ukraine continued to ripple through the market, despite the looming potential of Continue Reading
Oil prices surged on Tuesday as concerns over supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighed talks of a coordinated global crude stocks release. May Brent crude Continue Reading
The Ukraine crisis has prompted fears of disruption in Russian oil and gas exports. Spare oil production capacity is already under stress, and it will likely worsen as the crisis Continue Reading
Popular hedge-fund manager Pierre Andurand is cautioning that the oil markets are worse off than many traders believe, according to the Wall Street Journal. When asked why oil prices aren’t Continue Reading
Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its Continue Reading
Goldman Sachs: Enormous Amount of Oil Could Be Disrupted Oil surged as energy and commodity markets were thrown into disarray after Western nations unleashed more sanctions to isolate Russia following Continue Reading
Inflation is now sitting at a four-decade high of 7.5%, but some fear it could get even worse. Russia’s push into Ukraine has forced Western allies to slap major economic Continue Reading
