Crude-Oil prices surges on China COVID-Ease, Fed Pivot talk
Sensing that it was probably overreacting with COVID lockdowns while the rest of the world had moved on with the pandemic, top crude-oil importer China said Tuesday that it was…
OPEC+ agrees to largest cut in oil production despite U.S. pressure
At a meeting in Vienna on Wednesday, OPEC+ agreed to the largest cuts in crude oil output since the 2020 COVID pandemic, limiting supply in an already tight market despite…
EU might ban shipping Russian crude oil as part of price capping
According to people familiar with the situation, the European Union (EU) is considering adding shipping limitations to its oil sanctions as the group continues to explore the implementation of a…