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Oil retreats slightly
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
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 more on OXY stock here.
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,
2h
on MSN
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 ...
2d
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 ...
8h
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 ...
6h
on MSN
Mideast oil prices jump on robust China, India demand post-sanctions
By Siyi Liu, Florence Tan and Nidhi Verma SINGAPORE (Reuters) -Spot premiums for Middle East crude rose to their highest in ...
1h
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing ...
2d
U.S. Sanctions Push Oil Prices to Five-Month High
Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...
4h
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Crude Oil Prices
3d
Oil Prices Jump to 4-Month High on Fresh U.S. Sanctions
New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and ...
11h
on MSN
Oil prices hover near 5-month highs on heightened supply concerns
Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...
1d
US Hits Russia's Defense Industry With New Sanctions
The United States sanctioned more than 150 companies and individuals Wednesday for supporting Russia's war in Ukraine, raising the pressure on Moscow days before President Joe Biden steps down.
Crude Oil Prices
2d
Oil Prices Remain Elevated After Russia Sanctions Sparked Supply Concerns
The size and scope of new U.S. sanctions on Russia sent oil prices spiking on Monday, and both Brent and WTI have retained ...
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