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Oil Prices Drop Despite New Sanctions and US Threats on Russia
By MBN Staff - Tue, 07/22/2025 - 11:49
Crude prices slipped slightly as the EU tightened sanctions on Russian oil and Trump threatened 100% tariffs unless Moscow agrees to a peace deal.
https://mexicobusiness.news/tag/brent
More Oil & Gas
Oil Prices Stabilize Following Israel-Iran Ceasefire
By MBN Staff - Wed, 07/02/2025 - 17:06
Oil and gas prices stabilized as the Israel-Iran ceasefire calmed markets. Prices may rise soon, however, as summer drives up power and gas demand.
IEA Predicts Slower Global Oil Demand Growth for 2024-2025
By Sergio Taborga - Mon, 08/19/2024 - 08:50
IEA forecasts a slowdown in global oil demand growth for 2024-2025, driven by declining demand in China and rising production in non-OPEC nations.
Rising Oil Causes Concerns for Airline Profit Margins
By Reneé Lerma - Fri, 09/22/2023 - 17:14
The steep rise in fuel prices and labor-related expenses is a dual blow for an industry striving to rebound from the setbacks of the pandemic.
PEMEX Cliffhanger: The Good, the Bad and the Ugly in 2023
By Alejandro Valerio - Thu, 03/09/2023 - 17:00
Like everything in life, PEMEX’s outlook is not black and white, but gray in 2023, writes Alejandro Valerio.
 Average Price of Fuel Cheaper in the US than in Mexico
By Conal Quinn - Fri, 09/30/2022 - 19:46
The average price of regular gasoline in the US is now 8.1 percent cheaper on average than its Mexican equivalent
Oil Rises Over US$1/b Due to Supply Shortages
By Anamary Olivas - Wed, 08/24/2022 - 20:50
Oil rose more than a dollar a barrel as supply tightness came back into focus as Saudi Arabia floated the idea of cutting OPEC+ output
Choppy Seas Ahead in Crude Oil Prices
By Gabriel Cerdio - Tue, 06/14/2022 - 11:00
The Russia-Ukraine war’s impact on oil prices will continue not just in the short term but longer term as well, writes Gabriel Cerdio Gudiño.
Oil Production in the Gulf Continues to be Affected
By Antonio Trujillo - Tue, 09/28/2021 - 11:19
Up to 16 percent of offshore production is still offline following Hurricane Ida’s Path of Destruction.
Tropical Storm Nicholas Takes Toll on Oil Prices
By Antonio Trujillo - Wed, 09/15/2021 - 11:24
West Texas Intermediate (WTI) crude is selling for a session high of US$74.28, while Brent crude did for US$74.06.