Oil set for fourth week of gains as investors assess US sanctions impact
Oil prices edged up on Friday, heading 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 30 cents or 0.
Oil prices set for fourth straight weekly gain
Oil prices rose on Friday, heading for the fourth straight weekly gain, driven by the fresh US sanctions that affected Russian supplies. Brent
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 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.
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 prices climb on supply fears, Fed rate cut hopes
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.
India is staring at an ‘oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.
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Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Oil prices have risen following sanctions imposed ... Africa and the Middle East—rose above $80 a barrel to its highest in more than four months. Brent crude futures climbed $1.20 (1.5 percent ...
Oil prices slip on US energy demand forecast
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
EIA Expects 2025 Crude-Oil Prices to Retreat After a Strong Start
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces ...
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Airline and Cruise Stocks Slide as Oil Prices Surge to 5-Month High
Oil prices rose to a five-month high on Monday, weighing on the stocks of airlines, cruise operators, and other companies ...
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Azerbaijani Oil Prices Increases
(MENAFN- AzerNews) The price of one barrel of Azerbaijan's "Azeri Light" crude oil on the global market has increased by $2.09, or 2.62 percent totaling 81.86. Azernews reports that the price of ...