Oil edges down as inflation expected to impact fuel demand
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks...
oil
Consultations with EU to be stepped after gas find says Pilides (updated)
Energy Minister Natasa Pilides on Tuesday called the discovery of a natural gas field in the Cronos-1 well in Bock 6 “a very positive development...
China May oil imports from Russia soar to a record, surpass top supplier Saudi
China’s crude oil imports from Russia soared 55 per cent from a year earlier to a record level in May, displacing Saudi Arabia as the...
Cyprus concerned over Russian real estate ban in EU sanction package
The European Commission is considering offering landlocked eastern European Union states more money to upgrade oil infrastructure in a bid to convince them to agree...
Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil
Oil prices bounced on Wednesday ahead of an announcement by the US Federal Reserve and further sanctions on Russia by the European Union, offsetting demand...
BP boosts buybacks as profit soars to highest in over decade
BP (BP.L) boosted its share buyback programme after net profit soared to its highest in more than a decade on strong oil and gas trading...
Oil prices rebound after sharp losses as supply concerns dominate
Oil prices rebounded on Wednesday from sharp losses in the previous session as concerns about tighter supplies from Russia and Libya dominated, while industry data...
Oil drops on Ukraine peace talk hopes, China demand fears
Oil prices on Tuesday extended losses from the previous day as Ukraine and Russia headed for peace talks and on concerns about demand as China’s...
Oil gains as spectre of sanctions on Russian oil spurs supply worry
Oil prices rose on Tuesday, with Brent surging past $127 a barrel, as the possibility of formal US sanctions against Russian oil exports spurred concerns...
Airlines use hedging, fuel surcharges to offset some pain as oil surges
The price of oil has surged to its highest level since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a time when...
