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Tag: HON22

Oil prices snap 3-day winning streak

Posted on June 29, 2022 By admin No Comments on Oil prices snap 3-day winning streak
Oil prices snap 3-day winning streak

A previous version of the story included an incorrect time reference regarding crude stocks in the US SPR. Stocks in the reserve are below 500 million barrels for the first time since 1986. Oil futures settled lower on Wednesday, easing back after three consecutive session gains, even as a more than three million-barrel drop in…

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Oil prices settle at lowest in a week

Posted on June 14, 2022 By admin No Comments on Oil prices settle at lowest in a week
Oil prices settle at lowest in a week

Oil futures surrendered early gains on Tuesday, brought on by supply disruptions in Libya, to finish with a loss. Traders weighed news developments linked to the Iran nuclear deal, a waiver extension allowing US banks to process Russian energy transactions, and a report that a US senator intends to propose a federal surtax on certain…

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