Oil prices have risen to $124 a barrel on concerns about global supply after the EU agreed to reduce its reliance on Russian oil
Oil prices have risen to $124 a barrel on concerns about global supply after the European Union agreed to reduce its reliance on Russian oil and China.
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China’s factory downturn slows as Covid curbs ease; Brent crude oil hits $124 – business liveRolling coverage of the latest economic and financial news
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China’s factory downturn slows as Covid curbs ease; Brent crude oil hits $124 – business liveRolling coverage of the latest economic and financial news
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Ukraine war: Oil prices surge as EU meets to discuss Russian energy banEuropean Commission President Ursula von der Leyen told the European Parliament earlier this month the time had come for the bloc to ban Russian oil supplies within six months and refined products by the end of the year.
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Oil prices hit two-month high as EU eyes Russian ban – business liveLive rolling coverage of business, economics and financial markets as Europe pushes for embargo ahead of summit
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Oil prices surge as EU meets to discuss Russian energy banThe jump suggests traders expect a deal to be reached this week on oil imports.
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Viktor Orban blasts ‘irresponsible’ EU leaders over Russian oil embargo planHungary’s prime minister Viktor Orban has warned the prospects of Europe agreeing a ban on Russian oil exports are “not looking good”.
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