Oil pulls back on positive talks Oil prices have fallen considerably today, off around 7%, on optimism around the Ukraine-Russia talks. Crude is still trading above USD 100 though so there’s still a significant premium in the market as a result of the invasion and disruption to Russian supplies on the back of the sanctions. […]

Oil climbing again after another volatile session Oil prices remain extremely volatile given the backdrop of huge uncertainty around Russian exports as a result of Western sanctions. Brent came within a whisker of USD 120 on Thursday before falling more than 8%. And that was just within European trading hours. It’s trading higher again today, […]

Crude prices remain elevated despite progress on nuclear talks Oil prices are marginally lower this morning but Brent crude remains above USD 90 and WTI is only a little shy of it. Prices rose a little on Wednesday after a couple of days of losses following the EIA inventory report, which showed a surprising 4.8 […]