oil

Stocks, oil are rising as China eases quarantine rules

Stocks, oil are rising as China eases quarantine rules

LONDON, June 28 (Reuters) – Global stocks rose on Tuesday as oil prices rose after China’s decision to ease some quarantine conditions for international arrivals, sparking hope for stronger growth and a revival in demand for goods. China has halved the quarantine time for incoming passengers by greatly easing one of the world’s strictest restrictions, …

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Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Energy expert Dan Jergin said there were two reasons why oil prices had fallen in the past month despite a market that was still tight: the Fed and the Russian war in Ukraine. Oil prices have risen since last year, reaching a maximum after Russia launched an unprovoked war against Ukraine. But since the end …

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Oil prices are falling by more than 2%, prolonging losses

Senator John Thun talks about rising gas prices and the possible revival of the “Kudlow” law. Oil prices added losses from the previous session on Thursday, falling by more than 2% because investors are worried that an aggressive increase in US interest rates could cause a recession and reduce fuel demand. West Texas Intermediate (VTI) …

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