May
Oil Roars to Sixth Monthly Advance on EU Ban, China’s Reopening
Oil headed for its longest run of monthly gains in more than a decade as European Union leaders agreed to pursue a partial ban on imports from Russia and China further eased anti-virus curbs, aiding demand.
Ukraine Latest: EU Backs Partial Russian Oil Ban, Crude Advances
European Union leaders agreed to pursue a ban that would halt the imports of most Russian oil, in a move designed to hit the country’s coffers and pave the way for a sixth package of sanctions to punish it and President Vladimir Putin for the invasion of Ukraine.
EU leaders agree on partial ban of Russian oil imports
Leaders of the European Union on Monday agreed in principle to slash nearly 90% of oil imports from Russia by the end of the year, in the bloc’s harshest sanctions yet on Moscow since the Ukraine conflict started three months ago.
