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A service for energy industry professionals · Tuesday, June 28, 2022 · 578,908,256 Articles · 3+ Million Readers
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Crude Oil Prices News Monitoring

  • Published on 22:36 GMT

    Doubts reign on Russian oil price cap

    Russia’s military assault on Ukraine is wreaking havoc on energy markets, dragging U.S. and European leaders into an economic quagmire that is upending plans to address climate change. Just one example: Leaders of the wealthiest industrial democracies …

    Source: Politico - Neutral
  • Published on 19:54 GMT

    Russia Oil Price Cap a Sensible but Slippery Solution

    The Group of Seven major economies’ proposal to cap the price of Russian oil is, in theory, an elegant one that can kill two birds with one stone: Curb inflation while minimizing Russia’s oil revenue. But it is also one that has potential to hurt everyone …

    Source: Wall Street Journal - Neutral
  • Published on 12:56 GMT

    G-7 summit ends without agreement on Russian oil price caps

    Leaders of some of the world’s largest economies ended their summit Tuesday with an agreement to explore ways to impose a price cap on Russian oil, falling short of the Biden administration’s goal of concluding with a deal in place.   Instead, the heads of …

    Source: The Washington Times - Right-wing
  • Published on 19:16 GMT

    G7 discussions with China, India on Russian oil price cap positive -source

    By David Lawder WASHINGTON (Reuters) - Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, adding the two …

    Source: Cape Breton Post - Neutral
  • Published on 17:40 GMT

    Oil round up: G7 stops short of unveiling mooted oil price cap while OPEC revels in rising revenues

    Tuesday 28 June 2022 6:35 pm The Group of Seven (G7) has stopped short of finalising a ban on the transport of Russian oil above a certain price, and will instead explore the option ahead of a potential future announcement. The aim of the measure is to …

    Source: City A.M. - Uncategorized
  • Published on 10:18 GMT

    Oil price surge: Costs skyrocket to £93 in agony for motorists as G7 impose tighter curbs

    It means more misery for motorists already hit by increasing petrol prices with seemingly no end to the price increases at the pumps. Although Chancellor Rishi Sunak introduced a fuel duty during his spring statement, the price cut has not been passed onto …

    Source: Daily Express - Right-wing
  • Published on 15:41 GMT

    A ‘Price Cap’ on Russian Energy — Could That Work?

    Placeholder while article actions load Since the US and its allies began to shun Russia’s oil and gas, there’s been little sign that the measures are inflicting the kind of pain that might force President Vladimir Putin to rethink his war in Ukraine. Other …

    Source: The Washington Post - Neutral
  • Published on 21:43 GMT

    U.S. gas prices continue to decline as oil costs fall

    American motorists are getting a measure of relief at the gas pump, with the cost of filling up sliding for a second consecutive week as oil prices tumble.  The national average on Tuesday stood at $4.88 for a gallon of regular, down nearly 9 cents from a …

    Source: CBS News - Neutral
  • Published on 14:50 GMT

    Gas Prices at Sheetz Drop for July 4 Weekend To 'Reduce Pain at Pumps'

    A U.S. convenience store chain has said it would cut gas prices to help ease the wallets of Americans filling up over the July 4 holiday. Sheetz is lowering the price for Unleaded 88 gasoline to $3.99 a gallon through the holiday period. It will also …

    Source: Newsweek - Left-wing
  • Published on 17:54 GMT

    Alberta ends 2021-22 with surprise C$3.9 bln surplus on higher oil prices

    Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS/Chris Helgren/File Photo Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) - …

    Source: Reuters - Neutral
  • Published on 07:25 GMT

    Azerbaijani oil price exceeds $122

    Baku, June 28, AZERTAC Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.75 to trade at $122.18. AZERTAG.AZ :Azerbaijani oil price exceeds $122 © Content from this site must be hyperlinked when …

    Source: Azertag - Gov't Propaganda
  • Published on 06:57 GMT

    Goldman’s US$140 oil price has more substance than its lithium call

    Barely a month out from sledging lithium prices, Goldman Sachs now has its crystal ball out for oil and if they are right, the oil price going forward is not going to be a pretty sight. While its bearish lithium forecast was quickly picked apart by …

    Source: Stockhead - Neutral
  • Published on 12:56 GMT

    Mexican president to open oil refinery far short of completion

    Mexico's President Andres Manuel Lopez Obrador gestures during a news conference at the National Palace in Mexico City, Mexico, June 20, 2022. REUTERS/Edgard Garrido/File Photo Register now for FREE unlimited access to Reuters.com Register …

    Source: Reuters - Neutral
  • Published on 20:38 GMT

    Fitch Ratings foresees further decline in palm oil prices

    KUALA LUMPUR, June 28 (Xinhua) -- Fitch Ratings said Tuesday that it expects higher global vegetable oil output to drive a decline in crude palm oil (CPO) prices to below 1,000 U.S. dollars per tonne in the second half of the year, after averaging at …

    Source: Indonesia News.net - Uncategorized
  • Published on 12:21 GMT

    Sheetz lowers gas prices to $3.99 a gallon…

    YORK, Pa. — For the July 4th holiday, Sheetz is dropping prices on two types of gas to help drivers save money at the pump. Effective immediately, the convenience store chain is charging $3.99 a gallon for Unleaded 88 and $3.49 a gallon for E85, according …

    Source: USA Today - Neutral
  • Published on 20:09 GMT

    Portland-area gas prices dip before July Fourth weekend

    Gas prices in Oregon and the Portland area dipped slightly before the Fourth of July weekend, perhaps reflecting fears of harder economic times ahead. Oregon’s average price for a gallon of gas fell 3 cents this week to $5.50. The national average dropped …

    Source: The Oregonian - Neutral
  • Published on 21:35 GMT

    Will Colombia’s New President Upend Its Oil Industry?

    Leftist candidate Senator Gustavo Petro emerged victorious from Colombia’s June presidential run-off as the strife-torn country’s president elect. On 7 August 2022 Petro will be sworn into office becoming the 34th president of the Republic of Colombia. …

    Source: Oil Price - Neutral
  • Published on 21:34 GMT

    Are Oil Prices Heading Back To $120?

    Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's premium newsletter provides everything from geopolitical analysis to trading analysis, …

    Source: Oil Price - Neutral
  • Published on 15:36 GMT

    Is Exxon Mobil Stock A Good Buy Amid Rising Energy Prices?

    Scott Olson/Getty Images NewsExxon Mobil Corporation (NYSE:XOM) is a very popular stock on Seeking Alpha, with more than 400,000 followers. Over the last three decades, XOM has been vilified for not doing enough to fight emissions of CO2 not only from …

    Source: Seeking Alpha - Neutral

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