Reuters sources have revealed that the US is planning to take action against specific individuals in Hungary for violating sanctions, following a visit by Hungary s foreign minister to Moscow to discuss energy supplies with Gazprom.
Oil prices gained over 2% on Wednesday amid the release of U.S. consumer price data for March showing consistent inflation pressure that has analysts predicting the Federal Reserve will raise interest rates in May
Pioneer Natural Resources shares have gained 6% so far on Monday following news reports that ExxonMobil is considering an acquisition of the pure-play shale producer in the Permian basin.