Post Tagged with: "above $100"

Source: Reuters

Oil rises above $100 as supply concerns balance Ukraine talks


LONDONOil rose above $100 a barrel in a volatile session on Wednesday, finding support from supply concerns and easing worries about slowing Chinese demand, while signs of progress in Russia-Ukraine peace talks limited gains.

Three million barrels …

Source: Reuters

Oil prices above $100 are more a matter of when, not if

World Oil

SINGAPORE (Bloomberg) –Surging demand, fading omicron fears, and OPEC+’s inability to ramp up output have underpinned an eye-watering rally in oil prices.

Global benchmark Brent crude has jumped 25% to around $88 a barrel since the end of …