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" oil"

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Business - Markets
12/6/2022 10:53:33 PM
Benchmark US crude oil for January delivery fell $2.68 to $74.25 a barrel Tuesday. Brent crude for February delivery fell $3.33 to $79.35 a barrel.

Business - Energy
12/6/2022 7:36:56 PM
The price of Brent crude briefly fell below the symbolic level of $80 per barrel on Tuesday for the first time since January, when prices began to rise ahead of the Russian invasion of Ukraine.

World - Region
12/6/2022 2:54:58 PM
Chinese President Xi Jinping will arrive in Saudi Arabia on Wednesday for a three-day visit, his first to the world's biggest crude oil exporter since 2016, Saudi state media reported on Tuesday.

World - War in Ukraine
12/6/2022 1:03:28 PM
Russia expressed confidence Tuesday it would find new buyers for its oil, saying the imposition of a price cap on its exports by the West over Ukraine was "not a tragedy".

Business - Markets
12/5/2022 10:47:04 PM
Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel.

World - War in Ukraine
12/5/2022 9:57:10 PM
Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit to a Russian economy that has held up better than many expected under sanctions.

Business - Economy
12/5/2022 3:00:54 PM
Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector dropped from 47.7 in October to 45.4 in November, marking the second lowest level since June 2020 and extending the current sub-50 sequence to two years, with readings below 50.0 indicating a contraction, Standard and Poor’s (S&P) Global said on Monday.

Business - Economy
12/4/2022 3:53:46 PM
Major oil-producing countries led by Saudi Arabia and Russia agreed Sunday to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming into force next week.

World - War in Ukraine
12/3/2022 6:07:58 PM
Russian authorities rejected a price cap on the country's oil set by Ukraine's Western supporters and threatened Saturday to stop supplying the nations that endorsed it.

World - War in Ukraine
12/3/2022 1:00:09 PM
Ukraine on Saturday welcomed a $60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would "destroy" Russia's economy.

World - War in Ukraine
12/3/2022 11:47:00 AM
Western governments are aiming to cap the price of Russia's oil exports in an attempt to limit the fossil fuel earnings that support Moscow's budget, its military and the invasion of Ukraine.

Business - Economy
12/1/2022 10:34:52 PM
Benchmark U.S. crude oil for January delivery rose 67 cents to $81.22 a barrel Thursday. Brent crude for February delivery fell 9 cents to $86.88 a barrel.

Business - Energy
11/30/2022 10:45:46 PM
Benchmark U.S. crude oil for January delivery rose $2.35 to $80.55 a barrel Wednesday.

Business - Energy
11/29/2022 10:47:42 PM
Benchmark U.S. crude oil for January delivery rose 96 cents to $78.20 a barrel Tuesday. Brent crude for January delivery fell 16 cents to $83.03 a barrel.

Business - Energy
11/29/2022 5:55:14 PM
Stocks edged mostly higher in unsteady trading on Wall Street Tuesday as some concerns dissipate over protests in China against that country's severe COVID restrictions.

Business - Economy
11/28/2022 11:01:13 PM
Benchmark U.S. crude oil for January delivery rose 96 cents to $77.24 a barrel Monday. Brent crude for January delivery fell 44 cents to $83.19 a barrel.

World - International
11/26/2022 9:40:02 PM
The government of Nicolas Maduro and the Venezuelan opposition broke a political stalemate Saturday with a broad social accord, and the US government responded by allowing a major US oil company to resume operations in Venezuela.

Business - Energy
11/26/2022 8:52:23 PM
The Biden administration on Saturday eased some oil sanctions on Venezuela in an effort to support newly restarted negotiations between President Nicolas Maduro's government and its opposition.

World - War in Ukraine
11/24/2022 7:11:10 PM
Russian President Vladimir Putin warned Thursday that Western plans to introduce oil price caps could have "grave consequences" for energy markets, speaking during a telephone conversation with Iraq's prime minister.

World - Region
11/22/2022 6:52:20 PM
Investigators have concluded that an Iranian drone was used to bomb an oil tanker linked to an Israeli billionaire last week, the U.S. Navy said on Tuesday.

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