Please use symbol entry at top right of page to search

Energy News Results

  • Ukraine wants lower cap on Russian oil, at $30-$40 per barrel

    - The price for Russian seaborne oil should be capped at between $30 and $40 per barrel, lower than the level that Group of Seven nations have proposed, Ukrainian President Volodymyr Zelenskiy said on Saturday.

  • EU delays talks on Russian oil price cap until next week - diplomats

    A meeting of European Union government representatives, scheduled for Friday evening to discuss a Group of Seven proposal to cap Russian seaborne oil prices, was cancelled, EU diplomats said. "There was not enough of a convergence of views," one diplomat said. "There won't be a meeting tonight nor this weekend," a second diplomat said.

  • Oil prices stable, but Chinese demand worries linger

    Oil prices were stable on Friday in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures were up 22 cents, or 0.3%, to trade at $85.56 a barrel at 1447 GMT, having retraced some earlier gains. U.S. West Texas Intermediate crude futures were up 43 cents, or 0.6%, at $78.37 a barrel.

  • Oil prices fall 2% as Chinese demand worries linger

    Oil prices fell 2% on Friday in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures settled down $1.71, or 2%, to trade at $83.63 a barrel, having retraced some earlier gains. U.S. West Texas Intermediate crude futures were down $1.66, or 2.1%, at $76.28 a barrel.

Search News

Filter Results

Publication Date
Topic
Provider
  • All

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.