Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian oil, triggering concerns over tight supplies. ...
Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil. ...
The West Texas Intermediate (WTI) for April delivery added 1.72 US dollars, or 1.7 per cent, to settle at 104.70 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery increased 1.29 dollars, or 1.2 per cent, to close at 1 ...