Oil prices rise over 3% on Sverdrup outage, Ukraine war escalation
Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been halted, which added to earlier gains stemming from escalation of the Russia-Ukraine war.
Oil prices gain on supply outages
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevro has reduced oil output by 28% to 30% due to repairs, helping to further tighten global supplies. Repairs were expected to be completed by Saturday, the country's energy ministry said.
Oil gains over 3% after U.S. approves Ukraine use of long-range missiles inside Russia
Oil futures climbed more than 3% on Monday to settle at their highest in more than a week, after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia,
Oil prices ease, but caution prevails over Russia-Ukraine war
Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war.
S&P 500 Rising as Energy Stocks, Oil Prices Jump
Energy was the S&P 500’s top sector as crude oil prices rebounded in response to growing geopolitical tensions. With the market benchmark up 0.3%, roughly 327 S&P 500 stocks were on the rise. The Dow was down 117 points,
Oil Extends Gains on Ukraine-Russia Risks
Crude futures press higher as the market considers risks of escalation in the Ukraine-Russia conflict after Biden approved Ukraine's use of U.S.-supplied long-range missiles that could strike deeper into Russia.
Norway's massive Johan Sverdrup oilfield shut by power outage
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage ...
Crude Oil Prices4h
Oil Prices Dip After Initial Surge on Oilfield Outage
Oil prices initially surged on news of a production outage at Norway's Johan Sverdrup field, but have since retreated due to concerns about future supply.
Anadolu Ajansi1h
Oil prices slide amid lingering US inflation worries
The Norwegian company Equinor announced that it had stopped production at the Johan Sverdrup oil field due to a power ...
Reuters2h
Norway's Sverdrup oilfield partially resumes output
OSLO, Nov 19 (Reuters) - Equinor (EQNR.OL), opens new tab has resumed partial production from its Johan Sverdrup oilfield ...
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Oil rises after production at West Europe largest fields disrupted
Norway's Equinor announced on Nov. 18 that it had stopped production at its Johan Sverdrup field, the largest in Western ...
Oil prices surge on supply disruptions, but contango hints at short-lived rally
Oil prices rose on Tuesday, extending steep gains from the previous session as production was halted at Norway’s Johan ...
Oil Retreats After Rally as North Sea Field Partially Restarts
Oil retreated after its biggest gain in more than five weeks as Europe’s largest oilfield gradually restarted following a ...
Cyprus Mail1h
Oil markets jittery amid geopolitical tensions
Both benchmarks climbed more than $2 a barrel on Monday after Norway’s Equinor (EQNR.OL) said it had halted output from its ...
Oil prices rise on Sverdrup outage, Ukraine war escalation
Oil prices rose on news on Monday that output at Norway's giant Johan Sverdrup oilfield has been halted, adding to earlier ...