Can a buyers cartel challenge OPEC?
Oilprice.com reports: – Western oil importers have been looking for many ways to lower crude prices ...
OIL PRICE reports:
– Brent crude creeps closer to $90 per barrel on Wednesday morning
– Russia-Ukraine crisis continues to spook oil markets
– Falling U.S. crude inventories support bullish fundamentals
Oil rose early on Wednesday to the highest level since 2014, with Brent approaching $90 a barrel, as resilient global demand despite the Omicron wave and fears of a Russian invasion of Ukraine supported prices.
As of 9:24 a.m. EST on Wednesday, before the weekly U.S. inventory report from the EIA, WTI Crude prices were up ...