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Posted 04/07/2022

JPMorgan Sees Crude Oil at $380 in Worst-Case Scenario if Moscow Cutting Output

Western countries have been punishing Moscow for its invasion in Ukraine by mainly imposing...

Posted 22/06/2022

Oil Plunges 5% as Biden Aims to Cut Fuel Taxes and Ask Producers for Price Reduction

Oil prices plunged more than 5% on Wednesday as the U.S. President Joe Biden...

Posted 06/06/2022

Brent Top US$120 a Barrel as Saudi Arabia Raises Oil Prices More Than Expected

Oil soared on Monday, with Brent surpassing US$120 per barrel after Saudi Arabia raised...

Posted 02/06/2022

Oil Prices Fall as Saudi Arabia Plans to Boost Production

The price of oil fell in the early morning Asian trading hours following a...

Posted 31/05/2022

Oil Jumps after EU Agrees to Ban Oil Imports from Russia by Year’s End

European Union leaders agreed in principle to cut 90% of oil imports from Russia...

Posted 17/05/2022

Russia Now Fourth Largest Supplier of Crude to India

Russia became the fourth largest oil supplier to India in April with volume set...

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