Global oil crisis

Strategic Petroleum Reserve storage in Freeport, Texas.Photographer: Brandon Bell/Getty Images North America
Bloomberg Special

The weaponisation of oil in numbers

The international response to the drop in Russian supply has been overwhelming, with countries tapping strategic reserves far beyond what’s needed to replace lost barrels

Oil pumping jacks in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia.Source: Bloomberg
Global Economy

Oil ends year of wild price swings with 2nd straight annual gain

A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019. Picture taken March 10, 2019. REUTERS/Vasily Fedosenko/File Photo
Global Economy

Russian oil output to fall 1.4 mln bpd next year as EU ban takes effect - IEA

Saudi Arabia cuts oil prices for Asia as global growth slows
Global Economy

Saudi Arabia cuts oil prices for Asia as global growth slows

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg
Bloomberg Special

We told big oil not to invest. Don't complain now

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. REUTERS/Stringer
Global Economy

Oil prices surge as Putin mobilises more troops

Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, May 9, 2022. The company receives crude oil from Russia via the 'Friendship' pipeline. REUTERS/Hannibal Hanschke/File Photo
Global Economy

Russia says it will stop selling oil to countries that impose price caps

File Photo: Reuters
Global Economy

Brent oil climbs above $100 a barrel on potential OPEC cuts

Photo: Reuters
Global Economy

Oil jumps almost 3% as tight supply moves back into focus

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg
Bloomberg Special

Oil demand forecasts aren't as bullish as they seem

FILE PHOTO - A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT
Global Economy

Oil prices hit lowest since Ukraine invasion amid recession fears

Saudi Crown Prince Mohammed bin Salman speaks during the Jeddah Security and Development Summit in Jeddah, Saudi Arabia, July 16, 2022. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS//File Photo
Global Economy

Saudi, UAE save oil firepower in case of winter supply crisis

JPMorgan sees ‘stratospheric’ $380 oil on worst-case Russian cut
Global Economy

JPMorgan sees ‘stratospheric’ $380 oil on worst-case Russian cut