LONDON, March 31 (Reuters) – Oil prices ticked up on Friday with U.S. inflation data showing some signs of slowing price rises, but on the month oil was on course for its weakest performance since November. Brent futures , which have risen nearly 6% this week, were up 22 cents or 0.3% at $79.49 a […]

DUBAI, United Arab Emirates (AP) — An oil tanker owned by a major U.S.-traded transportation company appears to be taking on Iranian crude oil in a key Asian maritime strait in violation of American sanctions, an advocacy group alleges. The firm allegedly involved, Euronav, said Wednesday it will “take appropriate action when necessary.” Satellite photos […]

London(CNN) The United States is now the biggest supplier of crude oil to the European Union. In December, 18% of the bloc’s crude imports came from America, EU data office Eurostat said Tuesday. That is a big turnaround. Russia was until recently the bloc’s top supplier of . . .

March 24 (Reuters) – Oil prices extended losses on Friday on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum Reserve (SPR) may take several years. Brent crude fell 24 cents, or 0.32%, to $75.67 a barrel by 0412 GMT, while U.S. West Texas Intermediate crude futures […]

From CalMatters’ politics reporter Alexei Koseff: Whatever lingering concerns legislative Democrats may have about Gov. Gavin Newsom’s recently revised proposal to punish oil companies for high gas prices, they seem ready to pass it anyway — and fast. The bill sailed through its first committee hearing Wednesday, a week after Newsom’s office announced major changes […]

By Sam Cabral BBC News, Washington 13 March 2023, 14:48 GMT Updated 29 minutes ago Image source, Getty Images Image caption, Activists called for the Willow project to be halted over its climate and wildlife impacts US President Joe Biden has approved a major oil and gas drilling project in Alaska that faced strong opposition […]

Brent, WTI down more than 5% this week U.S. rate hike worries dominate market mood U.S. nonfarm payrolls rise more than expectant LONDON, March 10 (Reuters) – Oil prices edged higher . . .

Brent, WTI steady after two days of losses China demand hopes offset US recession worries US crude stocks fall larger-than-expected – EIA SINGAPORE, March 9 (Reuters) – Oil prices were in a . . .

Brent, WTI record biggest one-day declines since Jan. 4 Fed’s Powell opens door to higher, faster rate hikes China’s Jan-Feb crude imports lower -data U.S. crude output, demand to rise in 2023, EIA . . .

London Stock Market in 2023: Relies on Oil, Banks and Not Tech Like Arm  Bloomberg Source link

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