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Oil rises on US crude draw, Russia sanctions
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.
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
Shipping cost for Russian crude to China triples post US sanctions
The price for shipping Russian ESPO crude oil to China has more than tripled following the recent US sanctions on Moscow's oil industry, Bloomberg reported. Traders expect these rates to rise even further.
Oil, Weekly Gains and Supply Disruption Fears
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.
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 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,
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 ...
Crude Oil Prices
1d
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
4h
'Brace for a dynamic and potentially tumultuous year' in the oil markets: analyst
Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...
Odessa American
3h
ELAM: Short term top in oil
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Vanguard
1d
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
MarketWatch
14h
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.813 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.258-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.625 0.016 ...
22h
on MSN
AAA: Rising crude oil could affect pump prices
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
2d
on MSN
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 ...
Legit on MSN
8h
Dangote Refinery Targets 650,000bpd Output by June, Eyes Crude Imports to Bridge Demand
Dangote refinery is set to start importing crude as it plans to ramp up production. Sources within the company detail when ...
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Russia
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