10 Articles
10 Articles
Oil Markets Stay Volatile Amid Delayed Russia Ukraine Peace Talks And US Refinery Outage
The crude futures rose on Wednesday after supply concerns outweighed hope that Russia-Ukraine peace talks could progress quickly. Both benchmarks slipped by over 1 per cent in the previous session.
Oil Market Jumps 2% on Crude Stocks Drop, Others
By Adedapo Adesanya The oil market was up by about 2 per cent on Wednesday after a drop in US crude inventories as investors awaited the next steps in talks to end the Ukraine war, with sanctions on Russian crude remaining in place for now. At midweek, Brent crude futures grew by $1.05 or 1.6 per cent to settle at
Oil prices climb 2% on drop in U.S. crude inventories as investors focus on Ukraine peace push
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says the U.S. may provide air support to back a Ukraine deal (Reuters) – Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited the next steps in talks to end the Ukraine war, with sanctions on Russian crude remaining in place for now. Br…
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