Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil Posted on May 4, 2022 by cngpump Brent crude futures had risen $1.46, or 1.4 per cent, to $106.43 a barrel by 0616 GMT amid thin trading volume, with China and Japan closed for holidays. West Texas Intermediate crude futures rose $1.59 , or 1.6 per cent, to $104.00 a barrel. Related posts: PUC Center Near Me In Delhi CNG Pump Near Me In Mumbai Oil prices extend losses as Shanghai lockdowns hit demand outlook Oil edges lower as mass COVID testing begins in China Oil opens higher as OPEC warns of tight supply and Russian sanctions loom Crude oil opens higher as EU members weigh Russian oil ban Oil rises as uncertainty around supply persists, Iran nuclear talks stalled Oil price headed for 3% weekly fall on emergency stocks release Oil steady despite Libya supply drop, Shanghai preparing to reopen Oil futures open higher on IEA warning on Russian supplies
