Oil jumps more than 3% on concern over more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran.
Oil prices jump 4% on cold weather, supply concerns
Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.
Geopolitical Concerns Have Oil Prices Back at October Levels
Oil prices rose Friday morning, touching prices last seen in the fall, as traders digested the possibility of further U.S. sanctions on Russia.
Oil prices rally 3% as US hits Russian oil with tougher sanctions
Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue. The Biden administration on Friday imposed fresh sanctions targeting Russian oil producers,
Oil jumps more than 4%, Brent breaks $80 as traders worry about tougher Russia sanctions
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
Oil Jumps on U.S. Sanctions Prospects
Oil prices jump nearly 4% in afternoon trade, with Brent crude breaking above $80 a barrel on prospects of fresh U.S. sanctions against Russia. The international oil benchmark is currently up 3.8% to $79.
Crude Rallies as the US Expands Sanctions on Russian Oil
WTI crude oil (CLG25) today is up +1.92 (+2.60%), and February RBOB gasoline (RBG25) is up +0.0344 (+1.70%). Crude and gasoline prices today are sharply higher, with crude posting a 3-month high and gasoline posting a 2-3/4 month high.
Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the ...
Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel ...
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year ...
Oil Rises Amid Prospects for Solid Demand
Asian session amid prospects for solid demand.
Oil Futures Retreat After U.S. Inventories Report
Oil futures give up gains in a technical pullback, with the decline accelerating after the EIA's weekly inventory report. A second straight week of outsized builds in U.S. distillate fuel and gasoline ...
Natural Gas News: Traders Eye $3.766 Pivot as Futures Face Downward Pressure
U.S. natural gas futures dip after failing to breach $3.766 resistance. Traders watch weather models and demand outlook for ...
Oil Slips Amid Stronger Dollar, U.S. Fuel Stocks Build
Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.
Oil jumps almost 3% on concern over more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...
Oil and natural-gas futures rally as winter storm looks set to lift heating demand
Oil futures on Friday climbed to their highest levels since early October and natural-gas futures jumped more than 5% as forecasts for a major winter storm tar ...