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Oil price risk is expected to increase because of sanctions supply – Goldman
Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global commodities research at Goldman Sachs. The Energy Select Sector SPDR Fund ETF (XLE) is up 8.
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other suppliers.
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 output from record levels, the EIA said.
Russian Oil Products Trapped at Sea by US Sanctions, LSEG Data Shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions targeted more than 180 vessels and insurance companies,
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the U.
Oil prices remain near 4-month highs as Russia sanctions weighed
Oil prices eased on Tuesday but remained near four-month highs as the impact of fresh U.S. sanctions on Russian oil remained the market's key focus. Brent futures slipped 28 cents, or 0.4%, to $80.73 a barrel by 0400 GMT,
India Rushes to Pay for Russian Oil Ahead of Sanctions Cutoff
India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of Washington’s curbs on Moscow’s oil industry effectively comes into force next month,
Oil Eases as Market Weighs U.S. Sanctions on Russia
Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.
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 Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher.
1h
on MSN
Oil inches lower, with U.S. prices failing to hold above $80 a barrel
Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following ...
7h
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
2d
on MSN
Oil Prices Are on a Tear. It’s a Short-Term Headache for Inflation.
Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...
Business Insider
2d
Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude
Oil
Oil
(WTI)
Price
Per 1 Ton 590.88 USD 1 Barrel = 336 Pint
Oil
(WTI)
Price
Per 1 Pint 0.24 USD 1 Barrel = 42 Gallons
Oil
(WTI)
Price
Per 1 Gallon 1.91 ...
1d
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
7h
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 ...
5d
on MSN
Geopolitical Concerns Have Oil Prices Back at October Levels
Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.
5d
Why Oil Has 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 ...
Middle East Eye
2d
Price of oil rises in anticipation of Trump and 'maximum pressure campaign'
Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...
1d
on MSN
Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
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