Russia Softens Iran Demands, Re-Opening Way for Nuclear Deal

Diplomats say Russia will accept narrower guarantees protecting its nuclear projects with Iran from Ukraine-related sanctions, removing one of the final hurdles in negotiations. 


 
Oil enters a bear market on China lockdowns, as OPEC leaves demand forecast 'under assessment'

Oil prices on Tuesday drop to levels not seen since the initial days of the Russian invasion of Ukraine and enter a bear market, marked by a more than 20% drop from their recent highs. 


 
Ukraine War Could Severely Hurt Global Growth and Oil Demand, OPEC Says

In a rare move, the cartel said the situation in Ukraine remains too fluid for it to accurately attach numbers on what the effects would be. It said its forecasts for 2022 global oil-demand growth, non-OPEC supply growth, and global economic growth remained under assessment. 


 
China Covid-19 Limits Rattle Oil Markets

New lockdowns dragged prices back below $100 a barrel, casting fresh uncertainty on a global economic expansion hamstrung by the war in Ukraine, rising inflation and the end of stimulus. 


 
U.S. Crude-Oil Inventories Likely Decreased in DOE Data, Analysts Say

Government data are expected to show that U.S. crude-oil inventories declined by 1.8 million barrels in the latest week, while gasoline stockpiles fell by 1.5 million barrels, according to a survey of analysts. 


 
Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Saudi Arabia is in active talks with Beijing to price its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar's dominance of the global petroleum market and mark another shift by the world's top crude exporter toward Asia. 


 
RWE Outlook on Track but Ukraine an Uncertainty

RWE said its operating performance outpaced expectations last year and backed its 2022 guidance whilst cautioning that it couldn't fully determine the effects of the Ukraine war on its outlook. 


 
Oil-Price Slide Could Continue on Fundamental, Technical Factors

Although crude-oil futures have fallen by around 25% since multiyear highs reached last week, prices have more downside, according to analysts, pointing to both market fundamentals and technical factors. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
The High Cost of Europe's Energy Security

The European Union is expected to release another round of sanctions this week covering industries such as steel and luxury goods, but the kind of bans on Russian energy introduced by the U.S. and U.K. aren't on the table.


(END) Dow Jones Newswires

03-16-22 0015ET