Global Oil Market

A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo/File Photo
Global Economy

Oil prices take breather after three-day rally

An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS
Global Economy

Oil climbs as major producer UAE says it has no spare capacity

An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel
Global Economy

Oil extends gains ahead of G7 discussions on Russian exports

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022. REUTERS
Global Economy

Oil rises on market caution over tight supply

Yang Mei Hu oil products tanker owned by COSCO Shipping gets moored at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. REUTERS/Tatiana Meel
Global Economy

Oil rebounds after steep drop, underpinned by tight supplies

An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Picture taken on November 12, 2021. Mandatory credit Kyodo/via REUTERS
Global Economy

Oil bounces around as tight supply offsets China, recession fears

Models of oil barrels and a pump jack are seen in front of displayed EU and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil prices ease as EU struggles to seal Russia import ban

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/
Global Economy

Biden sidelined global energy partners with record emergency oil release

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/
Global Economy

Oil prices rebound after sharp losses as supply concerns dominate

Smoke and flames rise from a Saudi Aramco oil facility in Jeddah.Source: -/AFP/Bloomberg
Analysis

OPEC wants Russia as an oil ally, in peace and in war

File Photo/Collected
Analysis

What would a US ban on Russian oil mean for the world?

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis Mascarenhas
Global Economy

Oil seesaws, Asia shares dip as Ukraine talks make little progress

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

Oil nears three-year high after OPEC fireworks