By Sam Li and Siyi Liu BEIJING/SINGAPORE (Reuters) – Oil prices fell on Wednesday to reverse some of Tuesday’s strong gains after the Iraqi government and Kurdish authorities reached a deal to resume oil exports through the Turkish port of Ceyhan, providing modest relief to concerns about Middle East supplies. But with no sign of…
(By Oil & Gas 360) – The European Union is weighing a plan to permanently ban imports of Russian oil and impose a complete ban on the provision of shipping and related services for Russian oil, intensifying its efforts to increase pressure on Moscow. EU presses harder on Russian oil as Moscow responds: oil and…
January WTI Crude Oil (CLF26) is down -0.91 (-1.51%), and January RBOB Gasoline (RBF26) is down -0.0279 (-1.52%) today. Crude oil and gasoline prices are falling today, with gasoline falling to a 1-and-a-half-week low. The strength of the dollar today is undermining energy prices. Furthermore, the current weakness in stock prices weighs on confidence in…
