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Recession Fears Loom Large Over Bullish Oil Market

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Recession Fears Loom Large Over Bullish Oil Market

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Marine • 2 days 103.1 -4.58 -4.25% Murban • 2 days 106.1 -4.96 -4.47% Iran Heavy • 2 days 103.3 -2.46 -2.33% Basra Light • 163 days 71.69 -3.60 -4.78% Saharan Blend • 2 days 106.2 -2.70 -2.48% Bonny Light • 2 days 106.1 -2.16 -1.99% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Bonny Light • 2 days 106.1 -2.16 -1.99% Girassol • 2 days 104.0 -2.42 -2.27% Opec Basket • 2 days 108.2 -4.30 -3.82% Click Here for 150+ Global Oil Prices

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Canadian Crude Index • 2 days 82.74 -2.98 -3.48% Western Canadian Select • 17 hours 85.66 -3.33 -3.74% Canadian Condensate • 17 hours 101.9 -3.33 -3.16% Premium Synthetic • 17 hours 100.2 -3.33 -3.22% Sweet Crude • 17 hours 98.06 -3.33 -3.28% Peace Sour • 17 hours 95.21 -3.33 -3.38% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Peace Sour • 17 hours 95.21 -3.33 -3.38% Light Sour Blend • 17 hours 97.31 -3.33 -3.31% Syncrude Sweet Premium • 17 hours 100.9 -3.33 -3.20% Central Alberta • 17 hours 95.51 -3.33 -3.37% Click Here for 150+ Global Oil Prices

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Louisiana Light • 2 days 102.0 -3.69 -3.49% Domestic Swt. @ Cushing • 18 hours 102.3 +6.00 +6.23% Giddings • 18 hours 96.00 +6.00 +6.67% ANS West Coast • 3 days 109.8 -6.44 -5.54% West Texas Sour • 18 hours 99.66 +5.95 +6.35% Eagle Ford • 18 hours 103.6 +5.95 +6.09% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Eagle Ford • 18 hours 103.6 +5.95 +6.09% Oklahoma Sweet • 18 hours 102.3 +6.00 +6.23% Kansas Common • 2 days 90.00 -3.25 -3.49% Buena Vista • 2 days 106.0 -3.33 -3.05% Click Here for 150+ Global Oil Prices

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1D 1M 3M 1Y All Charts Products Discussion Headlines 15 mins Italian PM Draghi Now Supports Ruble Payment Scheme for Russian Gas 45 mins Russia Sanctions European Gazprom Units In Retaliation 4 hours Asian Refinery Restarts After Two-Year Hiatus 5 hours Italy’s PM Suggests Forming Oil Purchasing Cartel With U.S. 5 hours UK To Investigate Major Steel Producer “Threatening” Ukraine Stability 6 hours Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure 6 hours EU Plan To Ditch Russian Gas May Cost $214 Billion More Than Planned 8 hours Libya’s Oilfields Could Be Reopening Soon 8 hours EU Considers Dropping Environmental Regulation For Renewables 9 hours Kuwait Follows Saudis In Slashing Oil Prices For Asia 23 hours EIA Sees Brent Crude At $107 In Q2 2022 1 day Oil Prices Fall On Rising Crude, Product Inventories 1 day Russian Gas Flows To Europe Via Ukraine To Stop Wednesday 1 day Oil Prices Go For Wild Ride On Heightened Volatility 1 day Big Oil Sells Billions Of Dollars Of Assets To Less Transparent Firms 1 day A Russian Gas Halt Would Hit European, North Africa Economies 1 day UAE: Don’t Blame OPEC+ For Oil Market Volatility 1 day Brazil Unable To Raise Oil Production In Short Order 1 day Russian Energy Tycoon Dies From Toad Poison 2 days Novak: Russia’s Crude Production Up In May 2 days Oman Sees $930M Budget Surplus As Oil Revenues Soar 2 days EU Set To Roll Out Permits For Renewables Projects At Faster Pace 2 days Oil Stocks Plummet As Broader Markets Tanks 2 days Libya To Open All Ports When Oil Revenue Dispute Is Resolved 2 days High UK Gas Prices Could Persist Through 2025 2 days Record U.S. Strategic Oil Release Surprised IEA Partners 2 days China Imports More Crude As Shipments From Russia Rise 2 days Rivian Falls As Ford Dumps Millions Of Shares 2 days U.S. Grid Operators Are Bracing For A Wave Of Blackouts 2 days G7 Pledges To Stop Buying Russian Oil 5 days Russia‘s Victory Day Could Be A Crucial Moment For Oil 5 days Shell’s Russia Exit Includes Plans To Sell Fuel Stations 5 days Oil Product Tankers Outperform Crude Tankers 5 days German Refinery Faces Crude Shortage As EU Sanctions Kick In 5 days Refiners Reap Benefits from Russian Sanctions Fallout 5 days U.S. Natural Gas Prices Could Soon Hit $10 5 days Hungary And Slovakia Get Two Years To Comply With Russian Oil Ban 6 days Libya’s Zueitina Port Receives First Oil Tanker After Lifting Force Majeure 6 days Germany Will Have First LNG Import Capacity By Year’s End 6 days Shell Says It’s Impossible to Trace Russian Crude In Refined Products 4 minutes “Natural Gas Trading Picks Up Considerably Amid High Volatility” by Charles Kennedy – …And is U.S. NatGas Futures dramatically overbought at the $6.35 range? 8 minutes How Far Have We Really Gotten With Alternative Energy 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ? 4 hours GREEN NEW DEAL = BLIZZARD OF LIES 7 hours “The Calm Before The Storm In Oil Markets” by Tom Kool of OILPRICE and seen at YahooFinance 2 days How cheap Chinese tires might explain Russia‘s ‘stalled’ 40-mile-long military convoy in Ukraine 4 hours Will Variants and Ill-Health Continue to Plague Economic Outlooks? 7 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver – Technical Trading

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