Crude oil prices started the week with a dip after booking a gain of 6% last week, fueled mostly by geopolitical factors as the war between Russia and Ukraine escalated. At the time of writing, Brent crude was trading at $74.58 per barrel, with WTI at $70.65 per barrel.
United States oil and gas pipeline operator ONEOK Inc. said Sunday it will purchase the remaining issued share capital of EnLink Midstream LLC, which it recently took over from Global Infrastructure Partners (GIP).
Curious Minds Corner
Which country has the largest proven oil reserves?