Latest news and articles about oil-markets from NEX English
The European Commission has postponed the announcement of its plan to ban Russian oil imports, originally scheduled for April 15. The spokesperson did not provide an alternative date for the announcement.
In the early hours of Tuesday, an explosion occurred at an oil refinery in Port Arthur, Texas, leading to a significant fire. The incident has raised concerns in global markets, particularly regarding the stocks of Saudi Aramco.
The escalating conflict between the United States and Iran enters its fourth week, causing concern among global financial investors. With no signs of de-escalation, investors are anticipating another turbulent trading session.