Oil falls 2% but concerns over supply disruptions provide support
Oil prices dropped by 2% on Friday but remained steady for the week as supply concerns in Russia and uncertainty about a Ukraine peace deal persisted. The Ukrainian drone attack impacting Caspian Pipeline Consortium flows supported prices.
Crude oil dips as easing Mideast tensions and rising U.S. inventories counter supply disruptions. Market awaits fresh ...
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30-40% on Tuesday after a Ukrainian ...
The Tuesday drone attack on the CPC pipeline, Kazakhstan’s key export conduit, has set a bullish tone for this week with four ...
Crude futures were edging lower in early trade but are still poised for weekly gains of more than 1.5% on rising supply ...
Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate ...
The Tengiz oil field, located in western Kazakhstan, ranks as the world’s deepest producing supergiant oil field and the ...
Oil prices rose on Tuesday following a drone attack on a major Russian pipeline that carries a significant portion of Kazakh ...
Crude oil prices on Wednesday traded higher, extending Tuesday's gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil exports by 30%.
Crude oil futures edged higher, largely driven by fears over Kazakhstan's oil flows following a drone attack on a pumping ...
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