Tag Archives: global oil markets

Gas prices hit a record in the United States. Stocks on Wall Street rose slightly, rebounding from their sharpest drop in more than a year.Oil and gas prices surged again on Tuesday as Western lawmakers advanced efforts to isolate Russia by taking steps to cut it off from global oil …

Iraq-Turkey pipeline outage has sparked fresh supply concerns. WTI crude has hit $87.82 for the first time since September 2014 on Wednesday. A momentary outage of an Iraqi-Turkish pipeline was attributed as driving the most recent oil price gains.But the broader themes of tighter than expected market conditions and rising …