Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would boost inflation and dampen global economic growth.
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Oil has made headlines during this coronavirus ... Midstream: Midstream companies are transportation and storage firms. At this part of the process, the raw product needs to be treated, stored ...
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Explosion at oil storage tankExplosion at oil storage tank Firefighters battle a fire at an oil storage tank at United Terminal Korea in the southeastern ...
Russia's oil production may decrease due to U.S. sanctions affecting tanker access and Ukrainian drone attacks crippling ...
Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...
Tightened U.S. sanctions on Russian oil have disrupted trade with China and India, increasing demand for Middle Eastern and African crudes, and causing oil prices to rise. These sanctions have left ...
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