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Oil, supply
Oil prices climb as supply concerns over Russian sanctions persist
Oil prices recovered on Monday as supply concerns persisted after Washington imposed two rounds of sanctions in the past two weeks on Russia's energy sector over the Ukraine war. Brent crude futures climbed 34 cents,
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 sector."
Oil prices score a 4th straight weekly gain on supply fears
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.
Oil prices dip but post 4th straight weekly gain on US sanctions
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents,
Oil prices rise for fourth week amid supply concerns and policy uncertainty
Supply concerns and uncertainty over energy policies from the incoming president boosted oil prices this week for a fourth consecutive week. West Texas Intermediate rose only two trading days on the New York Mercantile Exchange but briefly touched the $80 barrier Wednesday.
5h
Oil Supertanker Rates on China Routes Double Since Sanctions
The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...
Fleet Owner
2m
EIA anticipates higher oil production, lower pump prices in 2025
While motorists may see lower fuel prices, there's a catch for retail diesel in the federal government’s first 2025 energy ...
4d
Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
2d
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...
4d
China response key to crude oil after new sanctions on Russia
"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...
Nairametrics
3h
Oil prices drop as investors expect Trump to relax Russian sanctions
Oil prices dropped slightly on Monday as investors expect U.S. President-elect Donald Trump to relax the sanctions imposed on Russia’s ...
Crude Oil Prices
2h
Chinese Crude Oil Imports From Russia Rose to a Record High in 2024
China's crude oil imports from Russia hit a record high in 2024, while imports from Saudi Arabia declined, reflecting a shift in China's sourcing strategy amid geopolitical tensions and sanctions.
4d
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 ...
19h
India's fraying Gulf oil ties get a fillip on US' sanctions on Russia
State-run refiners plan to renew or enhance optional volumes under existing contracts, struck on a fiscal basis, despite ...
Crude Oil Prices
2d
Oil Sanctions: Trump's Leverage in Ukraine-Russia Conflict?
The Trump administration is crafting a sanctions strategy aimed at achieving a Russia-Ukraine peace deal while maintaining ...
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