2022-08-15 - Stratas Advisors anticipates continued oil price volatility due to macroeconomic and geopolitical uncertainties, as well as supply/demand fundamental fragility.
2022-06-15 - According to IEA predictions, global oil demand will rise 2.2 MMbbl/d in the next year, with China leading the gains as it emerges from pandemic-induced lockdowns.
2022-06-16 - Despite its ban, the EU remained the main destination for Russian oil exports last month, making up 43% of Russian flows followed by just over a quarter to China.
2022-08-12 - Both Brent, WTI fall 0.3% in early trading, though weekly increase recoup part of last week’s oil price declines.
2022-05-31 - Oil prices turned negative on May 31 after the Wall Street Journal reported that some producers were exploring the idea of suspending Russia’s participation in the OPEC+ production deal.