Oil prices drop as rising inventories offset Russian output cuts streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
OSLO (Reuters) -Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.
Oil prices dropped by more than 1% on Tuesday ahead of the expected release of U.S. crude reserves to cool the market while resurgent COVID-19 cases in Europe also weighed on demand. The United States’ planned release of emergency oil reserves is part of a plan that President Joe Biden’s administration has hashed out with .