oil markets | The Epoch Times

Global Oil Markets Facing Uncertainties With EU Moving Away From Crucial Russian Diesel Supplies

Oil markets are bracing for a new period of supply tensions as the European Union is set to cut off ties with its largest external diesel supplier when sanctions against ...

January 23, 2023BY Naveen Athrappully

White House Signals ‘Significant’ Drawdowns From Strategic Reserve Beyond 180 Million Oil Barrels

The White House on Tuesday signaled "additional significant" drawdowns from the U.S. Strategic Petroleum Reserve (SPR) beyond the 180 million ...

October 18, 2022BY Caden Pearson

Oil Markets Affected by Supply Squeeze and Fears of Recession

Global oil markets are in a tough spot as recession fears and worries about supply push the sector ...

July 13, 2022BY Naveen Athrappully

US Gasoline Prices Edge Lower After Hitting Record High Last Week

NEW YORK—U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week ...

March 13, 2022BY Reuters

Oil Markets Weighing OPEC’s Ability to Compensate Russian Supply, Washington Might Remove Restrictions on Venezuelan Oil

The price of oil has dropped significantly in the two days since hitting its highest price level in ...

March 10, 2022BY Naveen Athrappully

Oil Expert: Trump Seals His ‘Biggest and Most Complex Deal’

WASHINGTON—Oil-producing nations reached an agreement over the weekend to reduce output by a record amount, ending a weeks-long ...

April 13, 2020BY Emel Akan

US Oil Prices Rise as Gulf Platforms Shut Ahead of Hurricane

U.S. oil prices edged up on Sep. 4, rising back past $70 per barrel, after two Gulf of ...

September 3, 2018BY Reuters