Oil surges as russian oil price cap kicks in—here's how high experts predict it could go

Oil prices spiked early Monday, paring last week's dip to their lowest level since early January, as markets held their breath about Russia's reaction...

December 5, 2022, 2:17 pm

Opec+ keeps production cuts as eu bans russian oil

On Sunday, OPEC and non-OPEC producers including Russia decided to stick to their existing policy of reducing oil production by 2 million barrels per ...

December 5, 2022, 10:35 am

Oil surges as russian oil price cap kicks in—here's how high experts predict it could go

U.S. markets largely did not follow the bumper Monday for oil as investors once again flip flopped on expectations for the length of the Federal Reser...

December 5, 2022, 10:02 am

Oil prices climb as e.u. price cap, opec decision, and easing of china's covid restrictions provide support

Oil futures traded higher on Monday, adding to last week's gain, after a European Union ban on importing Russian seaborne crude and a ...

December 5, 2022, 8:43 am

Opec+ keeps oil output unchanged as eu sanctions, russia price cap go into effect

OPEC+ agreed to stick with previously announced production cuts. CNBC's Brian Sullivan joins 'Squawk Box' with the details....

December 5, 2022, 8:40 am

The london open 05-12-2022

EUROPEAN SHARES OPENED AROUND PARITY FOLLOWING A POSITIVE ASIAN SESSION; THE G7 price cap ON RUSSIAN OI...

December 5, 2022, 8:10 am

Russian oil price cap now in place

Market movers today This week will be quiet in terms of key data releases as markets await the final ECB and Fed meetings of the year on 14 and 15 Dec...

December 5, 2022, 7:39 am

Crude oil forecast: eu sets russian oil price cap at $60, opec+ unchanged

Brent crude oil is trading marginally higher this Monday after the EU decided on a Russian oil price cap...

December 5, 2022, 7:20 am

Oil prices advance as opec decides to gauge impact of russia price cap

The Organization of the Petroleum Exporting Countries kept output levels unchanged amid a period of uncertainty for the global market....

December 5, 2022, 4:56 am

Ubs says russian oil production will fall as the eu import ban takes effect

Headline only t this stage via a UBS note.

The EU will halt (nearly all) imports of Russian oil from today, December 5.

Earlier:

Russia's novak says will not sell oil to price cap nations. womp womp.

Not news from whiny Russian Deputy Prime Minister Alexander Novak on Sunday.

He was responding to the oil ...

December 4, 2022, 9:22 pm

Oil rises after opec+ holds oil output targets, china eases covid curbs

Oil prices inched up in early trade after OPEC+ nations reaffirmed their oil output targets ahead of a European Union ban and ...

December 4, 2022, 6:28 pm

No opec+ oil shakeup as russian price cap stirs uncertainty

The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncerta...

December 4, 2022, 9:36 am

Opec+ keeps oil curbs despite russia price cap

Group led by Saudi Arabia and Russia also faces slowing demand in China....

December 4, 2022, 9:08 am

Shell: transitioning to net-zero and rewarding shareholders

Shell is making a strong energy transition, aiming for net zero emissions by 2050. In addition to fuels, Shell offers renewable energy such as solar, ...

December 4, 2022, 8:49 am

Usd / cad – canadian dollar gains lag those of g-10 majors

Markets cautious ahead of Canadian and US jobs reports – WTI underpinned by talk of a Russia seaborne oil pr...

December 2, 2022, 8:14 pm

Wti crude oil settles at $79.98

The price of crude oil futures settled at $79.98. That is down -$1.24 or -1.53%.

• The OPEC+ meeting will take place virtually on Sunday....

  December 2, 2022, 7:49 pm

Poland formally agrees to $60 russian oil price cap with review mechanism

WTI crude oil is down 14-cents to $81.15. The rest of the G7 (and Australia) will need to approve the deal in short order. It's set to go into effe...

December 2, 2022, 4:43 pm

Crude oil update: brent eyes opec+ and russian oil price cap

Brent crude oil looks ahead to NFP data later today but remains focused on OPEC+ and the EU cap on Russian seaborne oil......

December 2, 2022, 7:43 am

Eu, g-7 wait on poland to advance russian oil-price cap

The European Union and the Group of Seven advanced economies are awaiting word on whether Poland will agree to a $60-a-barrel ...

December 2, 2022, 7:18 am