On Wednesday, oil prices recovered losses as investors considered conflicting statements regarding the possible withdrawal from Ukraine of some Russian troops. This was despite tight global supplies and rising fuel
On Wednesday, oil prices recovered losses as investors considered conflicting statements regarding the possible withdrawal from Ukraine of some Russian troops. This was despite tight global supplies and rising fuel
The oil markets opened higher this week and are heading for their largest January gain in at least thirty years, as strong demand outpaced new supply.
Petroleum prices hit seven-year highs Friday, as supply worries continue to rise due to geopolitical tensions.
Data from Gascade, the German network operator, showed that Friday’s Yamal-Europe pipeline was flowing east from Germany towards Poland for the 18th consecutive day. However, it flowed at slightly lower