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Oil set for fourth week of gains as investors assess US sanctions impact
Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade heightened expectations for oil supply disruptions. Brent crude futures were trading up 36 cents or 0.
Oil Headed for Weekly Gains on Supply Disruption Fears
Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.
Oil Set for Weekly Gains on Russia Sanctions Fears
Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,
Oil climbs, set for fourth week of gains as US sanctions hit supply
Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy trade hit supply, pushing up spot trade prices and shipping rates. Brent crude futures were trading 55 cents or 0.
2h
on MSN
Joe Biden Trump-Proofs Russia Sanctions in Parting Shot
In his final week in the White House, the president has made it much more difficult for his successor to undo Russian ...
3h
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors ...
18h
US issues sanctions on Sudanese army chief Burhan
The United States on Thursday imposed sanctions on Sudan's leader, army chief Abdel Fattah al-Burhan, accusing him of ...
17h
on MSN
U.S. puts sanctions on Sudan’s military chief, citing civilian suffering
The Biden administration takes action against Gen. Abdel Fattah al-Burhan, accusing Sudan’s leaders of “blatant disregard of ...
20h
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a ...
13h
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
18h
New US sanctions target Sudan's warring military leader
The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that ...
16h
on MSN
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
1d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
2h
US sanctions against key Orbán ally have 'strengthened' him, Hungary's PM says
Hungarian Prime Minister Viktor Orbán's close ally and minister Antal Rogán was sanctioned by the US Treasury last week for ...
Daily Sabah
3h
Biden retracts sanctions against Türkiye from executive order
Outgoing U.S. President Joe Biden amended an executive order that raised a dispute with its NATO ally Türkiye. The executive ...
4h
on MSN
EU Should Move to End Sanctions Against Russia, Orban Says
The European Union should end sanctions against Russia because Donald Trump’s administration is poised to usher in a “new era ...
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