Oil prices clamber towards 7-year highs on Russia-Ukraine tensions

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. REUTERS / Angus Mordant // File Photo Register now for FREE unlimited access to Reuters.com Register Brent up 1.4%, WTI gains 1.6% at 0109 GMT US drillers add most oil rigs in a … Read more

If Russia invades Ukraine, there will be no Nord Stream 2, Biden says

US President Joe Biden holds a joint news conference with German Chancellor Olaf Scholz (not pictured) at the White House in Washington, US February 7, 2022. REUTERS / Leah Millis Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 7 (Reuters) – US President Joe Biden on Monday warned that if Russia invades … Read more

Oil prices fall as wave of COVID-19 leads to flight cancellations

Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, Calif. Nov. 9, 2014. REUTERS/Jonathan Alcorn Register now for FREE unlimited access to Reuters.com Register US airlines cancel more than 1,000 flights on Sunday Putin says EU can only blame itself for record gas prices SINGAPORE, Dec. 27 (Reuters) – Oil prices … Read more