Oil futures rose on Tuesday as the United States and Europe planned new sanctions to punish Moscow over alleged war crimes by Russian troops in Ukraine, raising concerns of tighter global supply, while Iran nuclear talks stalled. ›

Oil rose above $105 a barrel on Monday as concern about tight supply arising from Russia’s invasion of Ukraine and the lack of an Iranian nuclear deal persisted despite countries releasing oil from strategic reserves. ›

Oil prices fell about $1 on Friday, ahead of a meeting of consuming nations to discuss a new release of emergency oil reserves alongside a huge planned release by the United States. ›

British and Dutch gas prices were mostly higher on Thursday morning ahead of an expected announcement from Russia unveiling its proposed mechanism for gas payments in roubles. ›

Oil prices plunged on Thursday on news that the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near 50-year history of the SPR. ›

Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as signs of progress emerged from peace talks between Moscow and Kyiv. ›

British and Dutch gas prices continued their bull run on Tuesday morning amid concerns about supply as Russia and the West continue to be at odds over gas payments in roubles. ›

Oil prices on Tuesday extended losses from the previous day as Ukraine and Russia headed for peace talks and on concerns about demand as China’s financial hub of Shanghai shut down to curb a surge in COVID-19 cases. ›

British and Dutch gas prices were mostly higher Monday morning on expected colder weather, with market participants eyeing the results of peace talks between Moscow and Kyiv. ›

Oil prices tumbled more than $5 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai launched a two-stage lockdown to contain a surge in COVID-19 infections. ›