Oil edges down as eu prepares to sign off on russian price cap

Poland has reportedly asked for more time to sign off on a cap of $60....

December 2, 2022, 4:52 am

Opec+ to consider deeper oil output cuts ahead of russia sanctions and proposed price cap

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production policy....

December 2, 2022, 3:35 am

Brent crude – immense uncertainty

OANDA Senior Market Analyst Craig Erlam discusses the latest crude moves against the backdrop of record Covid cases in China, an imminent EU decision ...

December 1, 2022, 10:43 pm

G7 official says 'very, very close' on us$60 / barrel russian oil price cap agreement

G7 price cap coalition official

• Says we are 'very very close' to agreement on $60-a- ba...

  December 1, 2022, 10:26 pm

Oil price cap discussions set to continue on friday

Oil gave back most of its gains today as the bond market signals that something is awry.

The EU is struggling to get Poland to sign onto the...

December 1, 2022, 8:00 pm

Eu govt's tentatively agree on $60 russian oil price cap but poland holds out

EU government have tentatively agreed to a $60/barrel Russian oil price cap. That's at the bottom en...

December 1, 2022, 1:47 pm

Eu is close to the russian oil price cap deal

EU countries are trying to finalize the deal ahead of the EU ban on Russian seaborne oil, which will be implemented on December 5....

December 1, 2022, 12:32 pm

Oil prices rising, gold rallies

A huge few days for oil markets Oil prices have rebounded strongly over the last few days – up around 10% from the lows – buoyed by the prospect o...

December 1, 2022, 9:17 am

Russia oil price cap will be between $60-63/barrel - report

Oil has been on a nice run today, rising $2.44 to $80.62 despite yesterday's report that OPEC+ won't cut. Eyes are on Russia and the oil ...

November 30, 2022, 3:08 pm

Oil powers higher, gold range-bound

Immense uncertainty It was always shaping up to be a volatile week in oil markets and it’s certainly living up to that. Brent and WTI are up more th...

November 30, 2022, 1:46 pm

Russian oil price cap negotiations enter the final stage

Oil traders are waiting for the details of the oil price cap scheme....

November 30, 2022, 1:14 pm

'source' says opec+ unlikely to change policy at december meeting

Via Reuters, the newswire citing a "source with direct knowledge"

• Opec+ decision to meet virtually on Dec 4 signals little likelihood o...

  November 30, 2022, 4:31 am

Opec likely to stick with existing policy - report

Reuters, citing five sources, says OPEC+ is likely to stick with its existing quotas at Sunday's meeting. However two sources said the group could ...

November 29, 2022, 4:10 pm

Russian oil price cap may be set at lower levels

Several EU countries are trying to set the price cap as low as possible....

November 29, 2022, 12:56 pm

Eu fails to agree on russian oil price cap on monday – diplomats

Representatives of European Union governments failed to agree on Monday on a price cap on Russian seabo...

November 28, 2022, 7:14 pm

Eu talks on russian oil cap end without a deal

Everything is lining up delicately in the oil market in the week ahead.

EU member states met today to try to hammer out the Russian oil ...

November 28, 2022, 6:50 pm

Eur/usd retreats towards 1.0350 amid risk aversion ahead of eu inflation, fed’s powell

EUR/USD begins the week’s trading with a downside gap. Concerns surrounding Russian oil price cap, Ch...

November 27, 2022, 11:59 pm

Usd/cad stays firmer around 1.3400 as oil price declines, focus on us/canada employment data

USD/CAD picks up bids to extend Friday’s recovery. Comments from Iraqi Official, concerns over Russian oil p...

November 27, 2022, 11:14 pm

G7/eu oil price cap talks will resume on monday. $65 per barrel limit is a sticking point.

The talks have been ponderously rolling along for months and of course the more that gets resolved the more we move closer to the real gnarly issue...

November 27, 2022, 10:05 pm

Oil drops more than $1 as china's covid protests fuel demand worries

Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand worries, while investors rem...

November 27, 2022, 8:21 pm