Whether crude-producers can activate enough spare capacity to meet growing global consumption is still unclear given unexpected constraints on supply.

BING NEWS:
  • Could Ukraine's Strikes on Russian Oil Derail Biden's Reelection?
    Strikes on Russian oil facilities blamed on Kyiv have stoked concerns about energy prices and inflation in the U.S.
    04/25/2024 - 8:00 pm | View Link
  • Reuters Estimates: Russian Oil and Gas Revenue to Double in April
    Higher oil prices are expected to double Russia’s oil and gas revenues in April compared to the same month last year, according to Reuters calculations ...
    04/24/2024 - 5:01 am | View Link
  • Russia-Ukraine war: Germany stands by decision not to provide long-range missiles – as it happened
    Chancellor Olaf Scholz said Europe must continue to step up its support for Kyiv even after the approval of the US Senate’s aid package ...
    04/24/2024 - 3:17 am | View Link
  • Russia's April oil and gas revenue to double, Reuters calculations show
    Russia's oil and gas revenue in April will almost double year on year to $14 billion thanks to rising prices, Reuters calculations show, emphasising the difficulties Western nations face as they seek ...
    04/23/2024 - 10:25 pm | View Link
  • Oil Market Sees Iran Sanctions Having Muted Export Impact
    Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t expect the president to fully use his new powers any time soon.The ...
    04/23/2024 - 4:07 am | View Link
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