Post Tagged with: "threatens oil demand"

Source: World Oil

Ukraine war threatens oil demand and investment, OPEC says

World Oil

(Bloomberg) — Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned.

International crude prices briefly hit a 13-year high of almost $140 a …

Source: Reuters

Oil drops 2% as COVID-19 vaccine halt threatens demand


NEW YORK – Oil prices fell for a third day on Tuesday, as moves by Germany, France and other European states suspended the use of a major coronavirus vaccine, which threatens the recovery of fuel demand.

Brent was down …