brent

Government, Business, Fuel

Oil Soars Past $100 After Russia Attacks Ukraine

A barrel at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia

A barrel of lubricant oil at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia, in 2018. (Andrey Rudakov/Bloomberg News)

Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.

Bloomberg News

February 24, 2022

Government, Business, Fuel

Oil Tops $70 a Barrel for First Time Since 2019

People fill vehicles with fuel at a Royal Dutch Shell gas station in Sumter, S.C.

Customers fuel up at a Royal Dutch Shell gas station in Sumter, S.C. (Micah Green/Bloomberg News)

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

Bloomberg News

June 1, 2021

Government, Business, Fuel

Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel

An oil pumping jack in Russia. (Andrey Rudakov/Bloomberg News)

Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.

Andres Guerra Luz and Alex Longley | Bloomberg News

February 5, 2021

Government, Business, Fuel

Oil Jumps to One-Year High on Depleting Supplies

Tanker trucks sit in front of storage silos in Sunray, Texas. (Angus Mordant/Bloomberg News)

Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.

Andres Guerra Luz | Bloomberg News

February 2, 2021

Business, Fuel