Geopolitical risk premiums are rising, with protests in Iran, tanker attacks in the Black Sea, and sanction risks now overshadowing oversupply narratives and supporting higher prices.
By Georgina McCartney and Seher Dareen HOUSTON/LONDON, Jan 13 (Reuters) - The discount on U.S. crude futures to the global ...
Venezuela was loading crude only for U.S. major Chevron on Tuesday, while operations by state-run oil firm PDVSA to load ...
Chevron Corp., the sole Western supermajor permitted to pump Venezuelan oil, is loading tankers at the fastest pace in seven ...
Oil Price US on MSN
Markets Price Chaos as Oil Finds Its Footing
OPEC Output Falls on Geopolitical Risk. Trump’s maritime blockade of Venezuela and tighter US sanctions on Iran have lowered ...
Two Chinese-flagged supertankers, initially set to head to Venezuela to load crude oil intended as debt repayment from ...
Lower crude prices usually mean lower gas prices — but pressures on refineries, including drone attacks on Russian refineries, mean that consumers might not see as much benefit. The world’s crude oil ...
Venezuela has begun cutting crude oil production as a sweeping US oil blockade chokes storage capacity and reduces exports to ...
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...
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