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(Reuters) – Oil prices were little changed on Monday, after rising in the previous session, as Iran’s deadly crackdown on protests quelled the civil unrest in the country, reducing the chance of a U.S. attack on the major Middle Eastern producer that could disrupt supplies. Brent crude was trading at $64.18 a barrel by 0158 …
Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack Read More »
The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million a day on vessel contracts alone because of the Dominion Energy Inc. can restart construction of a wind project off the coast of Virginia while it continues …
Judge Says Dominion Energy Can Resume Wind Project U.S. Halted Read More »
Summary Benchmark prices hit multi-month highs this week Significant price volatility remains likely, say BMI analysts Underlying balance still points to ample supply, says Phillip Nova analyst (Reuters) – Oil prices rose slightly on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran. Brent crude gained …
Oil Prices Edge Higher as Supply Risks Remain in Focus Read More »
Summary Iran protests raise supply disruption fears, geopolitical risks Venezuela resumes oil exports amid US embargo reversal US crude stocks rise, API says, indicating looser supply-demand balance LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on …
Oil Climbs on Concerns Over Potential Supply Disruption in Iran Amid Threats Read More »
Summary US aims to control Venezuela’s oil sector after Maduro’s capture Iran unrest and Russia-Ukraine war raise oil supply concerns Global inventories rise, oversupply may limit oil price gains (Reuters) – Oil prices rose on Friday on concerns about potential disruption to Iran’s output and uncertainty about supply from Venezuela. Brent futures were up 59 …
Oil Gains as Market Assesses Protests in Iran, Dealmaking for Venezuela Read More »
Summary Brent and WTI benchmarks firm US crude stocks fell last week while fuel stocks rose, says EIA Two Venezuela-linked oil tankers seized by US in Atlantic Ocean (Reuters) – Oil prices rose on Thursday after two days of declines as investors assessed Venezuela developments and reports on progress of proposed U.S. sanctions legislation against …
Oil Rises as Market Focuses on Venezuela and US Sanctions Plans Read More »
Summary US to meet oil executives to discuss Venezuelan production boost Analysts predict sufficient supply by 2026 despite uncertainties Reliance Industries halts Russian crude deliveries for January (Reuters) – Oil prices edged slightly higher on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output following the …
Oil Prices Edge Slightly Higher on Supply Outlook, Venezuelan Output Uncertainty Read More »
(Reuters) – Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen. Brent crude futures for February delivery , which expire on Tuesday, were up 32 cents, or 0.52%, at $62.26 a barrel as of 1206 …
Oil Prices Steady as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise Read More »
Summary Ukraine peace talks and Middle East tensions in focus US crude inventories expected to fall Distillate and gasoline stocks expected to rise Dec 29 (Reuters) – Oil prices rose by more than $1 on Monday as investors weighed talks between the U.S. and Ukrainian presidents on a possible deal to end the war in …
Oil Jumps 2% as Investors weigh Ukraine Talks Against Supply Outlook Read More »
Summary Potential supply glut from OPEC+ and US weighs on prices Venezuela oil export operations continue despite US sanctions Analysts predict lower prices could curb supply, preventing price freefall (Reuters) – Oil prices were little changed on Friday and poised for a second straight weekly decline as a potential supply glut and prospects of a …
Oil Set for Second Straight Weekly Decline on Supply Outlook Read More »
