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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,
3d
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 ...
2d
on MSN
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 ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.707-0.098-0.09% 5-Year U.S. Treasury Note Continuous Contract $106.078-0.188-0.18% 10-Year U.S. Treasury Note Continuous Contract $108.406-0.203 ...
3d
on MSN
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 ...
13h
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
Crude Oil Prices
3d
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 ...
Vanguard
3d
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 ...
2d
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, ...
4d
Crude oil is in a downtrend resistance and the most overbought since 2023
Crude oil ( CL1:COM) is the most overbought since the 2023 peak, when it surpassed $91 – currently at $77.71. Crude oil ( CL1:COM) is surging into a downtrend resistance. Futures are down 5.71% from ...
Odessa American
2d
ELAM: Short term top in oil
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
24/7 Wall St. on MSN
1d
Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves
Energy investors concerned with an overbought stock market may find these four large-cap integrated oil giants very tempting ...
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