The oil market is under pressure as OPEC+ members have rapidly ramped up production and the U.S. pushes Ukraine to accept a peace agreement with Russia.
Topline Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply ...
WASHINGTON, Dec 16 (Reuters) - U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase ...
West Texas Intermediate oil fell below $55 a barrel for the first time since February 2021 on signs that supply is outpacing demand, while progress in Ukraine peace talks could lead to a deal that ...
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President Donald Trump said Tuesday he was ordering a “total and complete blockade” of sanctioned oil tankers coming to and leaving from Venezuela, ratcheting up pressure against leader ...
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