ICE Brent Crude (Jul'22)

SINGAPORE — Shares in Asia-Pacific nudged higher in Wednesday morning trade, with investors looking ahead to the release of a private survey on Chinese factory activity for May.The Nikkei 225 in Japan gained 0.29% while the Topix index…

EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022.Joe Klamar | Afp | Getty ImagesOil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.During…

The current oil crisis isn't like previous ones — and consumers will have to bear the brunt of it even as they grapple with rising inflation, Angela Wilkinson from the World Energy Council told CNBC."I think this is a first global energy…