NYSEARCA:DBO

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At Close: Jun 04, 2026
HOUSTON — The chief executive of ONGC Videsh, India’s second-largest oil and gas company, on Sunday confirmed talks between India and the U.S. State Department are underway to allow the company to settle past debts by trading Venezuelan oil cargoes. CEO A.K Gupta told Reuters in Houston ahead of the CERAWeek by S&P Global energy […]
U.S. oil surged on Sunday evening as the market continued to weigh supply disruptions from Russia in its ongoing war with Ukraine.

Oil surges 10per cent in Asia, euro on the ropes

11:40pm, Sunday, 06'th Mar 2022 Channel NewsAsia
SYDNEY : Oil prices soared more than 10per cent in hectic trading on Monday as the risk of a U.S. and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets.The euro extended its slide and commodities of all stripes were

Oil surges 10% in Asia, euro on the ropes

11:40pm, Sunday, 06'th Mar 2022 Nippon.com
By Wayne Cole SYDNEY (Reuters) - Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S. and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets. The euro extended its slide and commodities of all stripes were on the rise as the Russian-Ukraine confli…
A surge higher for oil with weekend news on a likely stall in Iran nuke deal talks and other ructions in markets
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President Biden’s advisers are discussing a possible visit to Saudi Arabia this spring to help repair relations and convince the Kingdom to pump more oil, Axios has learned. A White House spokesperson told Axios: “We don’t have any international travel to announce at this time, and a lot of
Joe Biden is no Vlolodomyr Zelensky. He is just a professional politician. And while we have plenty of those, we have not had a Volodmyr Zelensky since World War II. Too bad he is not an American.

The push to ban Russian oil is gaining steam

09:56pm, Sunday, 06'th Mar 2022 FBC News
There’s growing momentum in Congress to ban US imports of Russian oil. “I’m all for that. Ban it,” House Speaker Nancy Pelosi said this week. A bipartisan bill, unveiled this week by Democratic Sen. Joe Manchin of West Virginia and Republican Lisa Murkowski of Alaska, would do just that. Note that this is very different […]
blinking-dotLive updatesLive updates, The US is in ‘active’ discussion with European allies on a possible ban on oil imports from Russia while, says Antony Blinken. The US government is considering a ban on oil from Russia in a push to ramp up pressure on Moscow. A second attempt to evacuate an estimated 200,000 people out …
The Ukraine war’s impact on global supply chains could force India’s central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy amid a deteriorating global growth outlook, according to economists.

US in ‘active discussions’ on Russian oil import ban

09:15pm, Sunday, 06'th Mar 2022 The Australian Financial Review
Pressure is growing on the US to hit back harder at the invasion of Ukraine by squeezing exports from Russia’s key energy industry,

Oil prices set to surge further on Iranian nuclear talks delays

09:00pm, Sunday, 06'th Mar 2022 The Standard Digital
Analysts from JP Morgan said this week oil could soar to $185 (Sh26,640) per barrel this year.
Secretary of State Antony Blinken says the US is "looking" at banning Russian oil and gas, but says the US is unlikely to do so without permission fro
U.S. Secretary of State Antony Blinken said the Biden administration and its allies are discussing an embargo of Russian oil, a move that threatens to make an already heated oil… Read more » The post Blinken Says U.S., Allies Discussing Embargo of Russian Oil appeared first on Hamodia . In related news: Aid Trickling Into Philippines Dubai’s Fireworks Kick Off Amid Tower Blaze Belgian PM: Push Brexit Button; U.K. Must Pay Mattis: Trump Has Made Afghanistan Decision After ‘Rigorous’ U.S. Review Australia’s Victoria State Relaxes Shutdown as Virus Spread Slows
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