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Oil drops as price cap proposal eases supply concerns

Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed g7 cap on the pr...

November 24, 2022, 1:09 pm

Oil falls as supply-disruption fears ease amid russian price cap talks

Oil prices fell on Thursday, extending losses from the previous session, as fears of supply disruption eased on news that the Group of Seven (...

November 23, 2022, 9:07 pm

More on g7 price cap on russian oil - will probably adjust the level a few times a year

The wheels have turned slowly on this price cap on Russian oil, but they have turned.

Via Reuters:

The ...

November 22, 2022, 10:25 pm

China has held off on buying russian oil - awaiting the price cap to get it even cheaper

Overnight info slipping in ICYMI:

  • China has paused some purchases of Russian crude oil
  • China is sitting on its hands as it hang...

    November 22, 2022, 9:55 pm

Oil prices climb on big drop in u.s. crude stocks, russia supply uncertainty

Oil prices rose in early trade on Wednesday after industry data showed U.S. crude stockpiles fell more sharply than expected last week, highlighting s...

November 22, 2022, 8:24 pm

Wsj: western allies set to agree on russian oil price cap at around $60/bbl

The Wall Street Journal is reporting that Western areas are set to agree on Russian oil price cap around $60 per barrel. However it could be as hig...

November 22, 2022, 4:45 pm

OPEC+ speculation drives oil market volatility Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next ...

November 22, 2022, 4:11 pm

g7 plans to announce russian oil price cap on wednesday

Brent crude today touched as low as $85.80 but has since bounced to $87.17. It's near the September low and that's a big level with the OPEC meetin...

November 18, 2022, 4:16 pm

European union recommits to holding russia accountable for its attacks on ukraine

An EU statement following NATO and g7 meetings:

  • We discussed the explosion that took pla...

    November 16, 2022, 3:22 am

Biden says preliminary intelligence contests missile that hit poland was fired from russia

US President Biden speaking.

  • Says he briefed NATO, g7 members on his talks with Poland...

    November 16, 2022, 2:03 am

Us president biden calls “emergency” meeting of g7 & nato leaders on poland missile strike

Japan media had the heads up earlier:

  • ...

    November 16, 2022, 12:56 am

Japanese media reports the g7 is set to meet on the missile attack on poland

Kyodo reporting

  • Emergency summit of g7 Wednesday planned
  • Also says the UK/Japan s...

    November 16, 2022, 12:02 am

Icymi: uk treasury confirms will not allow insurers to cover ships carrying russian oil

This from Thursday Europe/US time ICYMI.

  • tanker owners flying any European Union flag or carry P&I insurance from an EU or UK club can n...

    November 10, 2022, 9:18 pm

U.s. oil futures settle at their lowest since january

Oil futures declined on Wednesday, with U.S. prices marking their lowest settlement since Jan. 11, FactSet data show. Oil prices shrugged off Russian ...

September 7, 2022, 2:43 pm

Exxon mobil: russia sanctions create a gold mine

Russia just indefinitely shut off the important Nord Stream 1 pipeline that has been supplying Europe with gas. The pipeline shutdown likely came in r...

September 6, 2022, 11:26 am

Oil prices will surge to $125 a barrel next year despite the g7's cap on russian crude, goldman sachs says

Moscow could retaliate against the g7's latest plan to cap prices by reducing oil production and cuttin...

September 5, 2022, 4:55 am

To cap or not to cap: g7's overambitious plan to punish russian oil and alter the future of oil markets

Leaders of the g7 agreed to explore the possibility of imposing a price cap on Russian oil to reduce Mo...

July 8, 2022, 9:00 am

As g7 winds down, russia hit with more sanctions

As sanctions on Russia widen, the g7 countries are expected to slap more sanctions on Russian gold. As ...

June 28, 2022, 7:16 pm

What does the g7 russian gold ban mean for gold stocks?

Gold prices are unchanged despite the g7 meeting deciding on a Russian gold ban. Here's how the ban cou...

June 27, 2022, 4:13 pm

Why are clean energy stocks jks, gevo, clne, dq up today?

Here's why clean energy stocks are also seeing significant buying pressure following the g7 summit meet...

June 27, 2022, 2:42 pm


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