Post Tagged with: "EU weighs"

Source: CNBC

Oil slips on China demand worries, while EU weighs Russia oil ban


Oil slipped Tuesday as concerns about the demand outlook due to prolonged Covid lockdowns in China outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

Beijing, reporting dozens of new cases daily, is …

Source: Reuters

Oil rises towards $116 as EU weighs Russian ban


Oil rose towards $116 a barrel on Tuesday, adding to a 7% surge the previous day, supported by supply risks from a potential European Union oil embargo on Russia and concern about attacks on Saudi oil facilities.

European Union …