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Oil Prices Mixed After Volatile Session

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Oil futures went on a roller coaster ride Monday, with heavy losses early in the session giving way to a mixed close amid uncertainty on Russian price caps and the challenge of rising Covid-19 cases in China.

Topic:
Oil Futures and Derivatives
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Profits at the US major will likely fall amid lower oil and gas prices, but Chevron sees plenty of growth elsewhere in its future.
Fri, Jan 27, 2023
Buyers and sellers of Russian oil products may get a few more weeks to wrap up deliveries under a proposed G7 price cap system.
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March Brent was up $1.35 and settled at $87.47/bbl on Thursday, while the front-month WTI March contract gained 86¢ to close at $81.01/bbl.
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