Analysis-China saves billions of dollars from record sanctioned oil imports
(Reuters) – China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under…
Yellen says oil price cap has ‘significantly’ cut Russia’s revenues
(Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on Russian oil had sharply reduced…
Gold prices surge amid escalating Middle East conflict and market uncertainty
Gold prices continued to surge on Tuesday, reaching $1,862.8 per ounce for spot gold and $1,876.9 for US gold futures.…
Oil rebound pauses on reality check over impact from Israel-Hamas war
Oil has only traded a day since the escalation in Israel-Hamas fighting, yet traders have already hit the pause button…
Marketmind: Oil up but restrained on Mideast jolt
A look at the day ahead in U.S. and global markets from Mike Dolan The weekend’s Middle East shock adds…
Uzbekistan initiates negotiations for medium to long-term gas supply contracts with Gazprom
Uzbekistan’s Energy Minister, Zhurabek Mirzamakhmudov, announced that the country has commenced negotiations with Gazprom (MOEX: MCX:GAZP), a leading Russian energy…
Oil prices jump as Middle East turmoil roils markets
(Reuters) – Oil prices surged more than 2% on Monday as military clashes between Israel and the Palestinian Islamist group…
Oil on track for sharpest weekly decline since March
(Reuters) – Oil prices were on track for their steepest weekly decline since March despite rising on Friday, driven by…
Oil falls further as demand uncertainty outweighs OPEC+
(Reuters) – Oil prices dropped on Thursday, extending the previous session’s sharp losses as an uncertain demand outlook overshadowed an…
Oil steady after tanking in previous session
(Reuters) – Oil prices were broadly steady on Thursday after the previous session’s big losses, as an uncertain demand outlook…