Crude oil prices extended their Thursday gains earlier today, set for a weekly rise as the prospect of peace in the Ukraine dimmed amid seemingly incompatible demands from the warring parties. At the time of writing, Brent crude was trading at $67.63 per barrel, with West Texas Intermediate at $63.51 per barrel
ConocoPhillips has signed an agreement to buy four million metric tons per annum (MMtpa) over 20 years from Sempra’s Port Arthur LNG Phase 2 project in Jefferson County, Texas.
Curious Minds Corner
How many litres are there in a standard barrel of oil?