Oil Prices Level Out Amid Production Outages and Russia/Ukraine Escalations
The U.S. dollar was also up on Tuesday at nearly its highest level in a year, while another persistent oil production outage at the Tengiz oilfield in Kazakhstan has resulted in a 30% decline in production for the field while repairs are completed.
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage ...
Norway's Johan Sverdrup oilfield, Western Europe's largest, has resumed production after a brief outage caused by a power ...
Supply concerns ease with Sverdrup’s restart, but geopolitical risks and Kazakhstan’s outage keep traders alert in a volatile ...
Equinor has resumed production at the Johan Sverdrup oilfield in the North Sea following a power outage, reaching two-thirds ...
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Brent crude futures were down 45 cents to $72.85 a barrel by 0915 GMT, while U.S. West Texas Intermediate crude futures ...
Crude futures slip after yesterday's sharp gains, but remain supported by heightened risk perception around the Russia-Ukraine conflict amid reports that Ukraine fired a U.S.-supplied long-range ...
JOHAN SVERDRUP * Equinor has resumed production at the Johan Sverdrup oilfield in the North Sea following a power outage, reaching two-thirds of capacity by mid-morning on Tuesday, a company ...
Oil prices were up about $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been ...
WTI oil rallies as traders focus on the power outage at Johan Sverdrup, which is operated by Equinor. If WTI oil settles back above the $70.00 level, it will head towards the 50 MA at $70.58. A move ...
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