Oil and Gas Prices
News
March 03, 2022
Oil fell on signs that high-stakes talks to revive a nuclear deal with Iran may soon conclude, potentially raising supply as traders increasingly shun Russian crude.
News
March 02, 2022
Oil extended its relentless rally above $110 a barrel before an OPEC+ meeting as the severity of disruption to Russian supplies showed signs of growing.
News
March 01, 2022
Oil surged as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortfall in supplies as sanctions mount on Russia.
News
March 01, 2022
Oil soared as the Russian invasion of Ukraine continued to raise the specter of major global supply disruption. Brent sat at $104.54 a barrel and WTI at $102.32 at 10:11 a.m. EST, both an increase of more than $6.
News
February 27, 2022
While oil last week briefly passed $100 a barrel for the first time since 2014, the gains were partly reversed as the U.S. and European nations avoided sanctioning Moscow’s massive energy supplies for punishment.
News
February 25, 2022
The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition.
News
February 24, 2022
Oil pared most of its gains after Biden said the U.S. is working with major consuming nations to coordinate a collective release from strategic petroleum reserves, while continuing to spare Russian supplies from sanctions.
News
February 24, 2022
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
News
February 22, 2022
Several key OPEC+ members see no need to accelerate output increases even as oil heads toward $100 a barrel amid worsening tension over Ukraine.
News
February 22, 2022
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized.
News
February 21, 2022
Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine months, with the world setting fresh demand records this year, said Vitol Group Chief Executive Officer Russell Hardy.
News
February 18, 2022
Oil posted its first weekly loss in two months as traders weighed heightened geopolitical tensions over Ukraine against the potential for Iranian barrels to be added to the market.
News
February 14, 2022
Oil jumped as simmering geopolitical tensions between Russia and Ukraine kept the market on edge and volatility high.
News
February 14, 2022
OPEC is focused on keeping the oil market well-supplied, even as the group continues to grapple with underinvestment, according to its top official.
News
February 14, 2022
Oil importers are racing to assess the risk of purchasing Russian supplies as tensions over Ukraine enter a potentially decisive week.
News
February 11, 2022
BP Plc, Shell Plc, TotalEnergies SE, Exxon Mobil Corp. and Chevron Corp. just generated the highest free cash flow since the start of 2008.
News
February 10, 2022
U.S. President Joe Biden and Saudi Arabia’s King Salman spoke on Wednesday about stabilizing energy prices, the status of the Iranian nuclear talks and the war in Yemen.
News
February 09, 2022
The U.S. oil market is flashing ever more signs of tightness and supplies can barely keep up with a scorching surge in fuel demand.
News
February 06, 2022
Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.
News
February 03, 2022
Oil shot across $90 for the first time since 2014 as winter weather in the U.S. threatened to shut in some production while geopolitical tensions continued to keep investors on edge.
News
February 03, 2022
Shell Plc expanded its share buybacks after reporting profit that blew past analyst estimates on the back of surging energy prices.