oil prices rise

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo
World+Biz

Oil surges to five-month high after US hits Iran's key nuclear sites

Both contracts jumped by more than 3% earlier in the session to $81.40 and $78.40, respectively, touching five-month highs before giving up some gains

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 prices rise as focus turns to possible supply cuts

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

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
World+Biz

Oil prices climb, but expected US interest rate hike looms

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

Oil prices advance on low oil inventories expectation

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

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/Files
Global Economy

Oil prices extend losses on fears of economic slowdown

Photo: Collected
Global Economy

Saudi Arabia raises oil prices as crude soars on Ukraine war

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
Europe

Stocks slide as oil surge kindles inflation fears

A general view shows an oil treatment plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia, 10 March, 2019. PHOTO: REUTERS/Vasily Fedosenko
Global Economy

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells

REUTERS/Carlos Barria
Global Economy

Biden says US, partners working on global oil reserve release