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June 24, 2025

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TUESDAY, JUNE 24, 2025

Oil price crisis

Illustration: oilprice.com
Bloomberg Special

The threat posed by rising oil prices

Hopes that inflation might really have been “transitory” look premature

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?
Analysis

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration
Global Economy

The G7's price cap on Russian oil begins to take shape

A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo
Global Economy

OPEC chief says blame policymakers, lawmakers for oil price rises

Saudi Crown Prince Mohammed bin Salman attends an Arab summit, in Jeddah, Saudi Arabia, July 16, 2022. REUTERS/Evelyn Hockstein
Middle East

Saudi crown prince says unrealistic energy policies will lead to inflation

Russian Foreign Ministry spokeswoman Maria Zakharova attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 3, 2021. REUTERS/Evgenia Novozhenina
Global Economy

Russia warns that G7 attempt to cap oil price risks higher prices

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 rise after EU bans most Russian oil imports

An aerial view shows Shibushi National Petroleum Stockpiling Base in Kagoshima prefecture, Japan January 18, 2019, in this photo taken by Kyodo. Photo :Reuters
Inflation

Oil drops on recession fears and China Covid curbs

File Photo: Reuters
Global Economy

Oil prices ease on concerns over recession, weaker consumption

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan
Global Economy

Oil slips more than 2% on fears recession may hit demand

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev
Global Economy

Oil tumbles on global economic worries, strong dollar

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

Oil firms as investors focus on supply drop from Russia, Libya

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