Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
Regulators said that prices in the last seven days were affected by increasing fuel demand in the U.S. and Europe due to cold weather. The U.S. sanctions on Russian oil producers and transporters also ...