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.
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 Prices Skyrocket 4.5% as U.S. Targets Russian Tankers
Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.
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 disruptions from more sanctions on Russia and Iran. Brent crude futures gained $2.
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for heating fuels.
Oil Rig Count Drops, Crude Prices Climb as US Imposes New Sanctions Against Russia
The number of oil rigs in the US fell by two during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil moved down to 480 rigs from 482 on a weekly basis,
Oil Prices Top $80 On Rumoured US Sanctions On Russia
Oil prices soared on Friday as traders anticipated rumoured new US sanctions against Russia, which would further disrupt its crude exports and therefore tighten supplies.
Crude Finishes Sharply Higher as the US Expands Sanctions on Russian Oil
Friday closed up +2.65 (+3.58%), and February RBOB gasoline (RBG25) closed up +0.0466 (+2.30%). Crude and gasoline prices Friday settled sharply higher, with crude posting a 3-month high and gasoline posting a 2-3/4 month high.
US intensifies sanctions on Russian oil: Equities tumble, crude prices rally
The Biden administration's new sanctions target Russia's oil giants Gazprom Neft and Surgutneftegas, shadow fleet vessels, and opaque traders. Oil prices surged, while European equities slid as investors fear tighter global supply.
Oil touches $80 per barrel as sweeping sanctions against Russia rattle markets
Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.
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 ...
Why Has Oil Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, ...
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures decline on bearish inventory data; US crude inventories fall but gasoline, distillate stocks increase.
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India’s Refiners Brace For Major Disruption to Russian Oil Supply
Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to ...
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...
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Gold price, WTI crude oil price and natural gas price higher in early trading
Early trading has seen more gains for commodity prices, lifting gold to its highest level since mid-December. ​The spot gold ...
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Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.781 0.000 0.00% 5-Year U.S. Treasury Note Continuous Contract $106.086 0.008 0.01% 10-Year U.S. Treasury Note Continuous Contract $108.234 0.016 ...
Oil Disaster Averted After Sabotaged Tanker Is Salvaged
The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...