War or peace? For oil markets, the Ukraine outcome is insignificant

War or peace? For oil markets, the Ukraine outcome is insignificant

U.S. President Donald Trump‘s high-stakes diplomacy to resolve the war in Ukraine is unlikely to jolt oil and gas markets, no matter the outcome. Russia has faced multiple rounds of western sanctions and restrictions since its invasion of Ukraine in February 2022, which have dealt severe blows to the country’s giant oil and gas industry, … Read more

Citi expects Brent to plunge to low $70s next year

Citi expects Brent to plunge to low s next year

Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday. But this year, climate is looming large over the … Read more