Post Tagged with: "supply jitters"

Source: CNBC

Oil falls below $90 as markets shuffle back from supply jitters

CNBC


Oil prices reversed course on Wednesday after rising over 1% in the previous session, on a firmer dollar and as investors shrugged off jitters arising from supply cuts from Saudi Arabia and Russia.

Brent crude futures were last down …

Source: Reuters

Oil jumps on Russia supply jitters, lower dollar

Reuters


LONDON – Oil prices extended gains on Monday, boosted by mounting concerns over gas supply from Russia and a lower dollar, offsetting demand fears brought on by a possible recession and China lockdowns.

Brent crude futures for September settlement …