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OPEC Daily Basket Price Now $113.39 Per Barrel

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 113.39 dollars per barrel as...

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Oil Prices Jump As European Countries Consider Banning Russian Crude

...In Europe, several EU countries believe that the European Union should impose more severe sanctions on Russia, including on its energy sector. ...Germany has been...

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Why Oil Crashed Below $100

- In spite of the IEA claiming that Europe could essentially halve its dependence on Russian gas imports within a year, March gas flows...

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War Premium Evaporates As Oil Prices Crash Below $100

...Oil prices continued to plummet on Tuesday morning. ..Most of the geopolitical premium from Russia’s invasion of Ukraine has been lost in a highly volatile...

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Oil Prices Plunge As China Locks Down Shenzen

Oil prices fell below the $110 per barrel mark early on Monday after China locked down several cities because of a surge in COVID...

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Canada Says Its Oil Could Replace U.S. Imports Of Russian Crude

...Alberta’s Energy Minister Sonya Savage: Alberta is the answer to US Energy security. Real emissions reductions, reliable, right next door. ...Officials from Canada's largest oil-producing...

Energy

Analysts Warn Of $150 Oil If The West Bans Russian Crude

...Western leaders have so far been reluctant to slap sanctions on Russian oil and gas exports. ...Oil buyers and refiners are already in a sort...

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