Tag: oil
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Ukraine war puts increasing strain on Russian fuel supplies
Every day, Ukrainian drones strike targets deep inside Russia, damaging critical energy infrastructure. The attacks have created a fuel shortage, leading to long queues at filling stations and record price increases.
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Oil falls for a third straight day after US, Iran conclude talks in Doha
July 2 : Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures were 66 cents or 0.92 per cent lower at $70.91 a barrel at 0758 GMT, while U.S. West…
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Oil falls after US, Iran talks conclude in Doha
BEIJING, July 2 : Oil prices dropped in early trade on Thursday after Qatar said Iran and the U.S. had made “positive progress” in indirect talks that concluded on Wednesday, focused on the Strait of Hormuz, which handled one-fifth of global oil supply before the war.Brent futures were down 73 cents, or 1.02
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War puts increasing strain on fuel supplies in Russia
Every day, Ukrainian drones strike targets deep inside Russia, damaging critical energy infrastructure. The attacks have created a fuel shortage, leading to long queues at filling stations and record price increases.
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Oil edges higher as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices ticked higher on Wednesday on concerns a breakdown in talks between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 14 cents, or 0.19 per cent, to $73.09 a barrel at 0644…
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Oil prices rise as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices rose on Wednesday on concerns breakdowns in discussions between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 33 cents, or 0.45 per cent, to $73.28 a barrel at 0339 GMT, while…
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Oil ticks higher as Iran’s refusal to meet US envoys dims ceasefire hopes
July 1 : Oil prices rose in early trade on Wednesday as investors responded to news that Iran will not be meeting with U.S. envoys, a further strain on the interim ceasefire agreed between the two in the four-month-long war.Brent futures rose 50 cents or 0.69 per cent to $73.45 a barrel at 1208 GMT,…
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Oil prices little changed but set for steepest monthly and quarterly loss since 2020
June 30 : Oil prices were little changed on Tuesday but were headed for their biggest monthly and quarterly losses since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war. Brent futures rose 3 cents to $73.
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Can Thailand, Cambodia unlock massive oil and gas reserves?
An estimated $300 billion in oil and gas reserves is sitting under overlapping territory in the Gulf of Thailand. Cooperation on its extraction is complicated by political tensions over a separate land border dispute.
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Cameron Marshall
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu Latest North Sea oil and renewables: The UK’s next PM faces a defining energy policy decisionCameron Marshall|Ritika Gupta28 Min Ago
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