10.03.2022, 12:47
Zitat:Ukraine war: Oil price rises again amid fears over Russian shortfallhttps://www.bbc.com/news/business-60680787
Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia.
The United Arab Emirates had appeared to push members of the Opec producer group to raise output, only for the UAE's energy minister to quash hopes. The oil price rose more than 3%, after a 17% fall on Wednesday. "To suggest the oil market is confused would be an understatement," said analyst Stephen Innes. [...] Oil prices have jumped more than 30% since 24 February, touching $139 (£105) a barrel at one point this week. The oil price had fallen back to about $106 a barrel at one point on Wednesday, but by Thursday morning it was trading at around $114. [...]
On Tuesday, German Economy Minister Robert Habeck issued an "urgent appeal" to Opec oil producers to increase output "to create relief on the market". [...] Commonwealth Bank commodities analyst Vivek Dhar said: "We think it will be challenging for Opec+ to boost production in this environment."
Worries about oil and gas supplies have led to soaring domestic heating bills and fuel prices at the pump. Both petrol and diesel prices hit new records in the UK on Wednesday, according to the RAC motoring group. Unleaded petrol was 159.57p a litre on average, while diesel was 167.37p. [...] RAC fuel spokesman Simon Williams said: "A tank of petrol is now almost £88 while diesel has now gone over £92. Diesel unfortunately appears to be on a clear path to £1.70 a litre. [...]
The US and Canada have also announced bans on Russian oil imports, while the UK said it would phase them out by the end of the year. The International Energy Agency (IEA) recently agreed to release 60 million barrels of oil from strategic national reserves, but that move is not enough to respond to the recent run-up in prices.
Schneemann