Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg via Getty Images Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to…
Aerial view of the construction site of a petroleum products storage facility belonging to Brightoil Petroleum (Holdings) Limited on Waidiao Island on August 8, 2022 in Zhoushan, Zhejiang Province of China. VCG | Visual China Group | Getty Images Oil prices edged higher on Thursday, recouping some of the more than 1% losses from the previous…
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide war in the Middle East. Brent crude futures fell 43 cents,…