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Tag: crudeoil

Jun 23
Increased natural gas production in Norway to compensate Europe for Russian supplies Oil is down about 3%.

Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent’s needs. Europe is the largest consumer of Russian gas, which flows to its countries through a network of pipelines […]

Jan 27
Oil prices are turning up, and Brent crude is near $91

Oil prices are turning up, and Brent crude is near $91 Oil prices turned up about 1% during trading on Thursday, with Brent crude rising near $91 a barrel, with geopolitical concerns continuing to support prices. Oil prices were lower in early trading, with the US dollar gaining after indications that the Federal Reserve will […]

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