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Oil up, heads for Fourth weekly gain
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ceasefire deal limited gains.
Oil set for fourth week of gains on US sanctions
Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to
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.
3d
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
3d
on MSN
Brent crude jumps above $80 a barrel as investors weigh U.S. sanctions on Russian oil
Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...
7d
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 ...
2d
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Business Insider
19h
Oil (WTI) Price
There are different types of
crude
oil
. The most important type of
crude
oil
used in Europe is
Brent
Crude
, named after the North Sea oilfield where it is extracted.
Brent
Crude
is a ...
1d
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent’s Bullish Outlook?
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts ...
1d
Oil Supported by U.S. Sanctions Concerns, Inventory Decline
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
2d
on MSN
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
4d
on MSN
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
3d
on MSN
Brent Oil Prices Between $78-$83 Likely a Comfortable Range
The near-term prices of Brent crude oil falling between $78 and $83/bbl appear to be a “relatively comfortable range,” OCBC said.
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