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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 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."
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 exports. Benchmark Brent crude futures rose 1.6% Monday, to $81.01 a barrel,
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 most of those gains.
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,
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
Oil prices pull back after rising to their highest since August on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry.
3h
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
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 ...
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 ...
3h
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 ...
43m
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 ...
Crude Oil Prices
1d
Oil Prices Stable After Bearish EIA Report
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
6h
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 ...
1d
on MSN
Is it in Trump’s interest to implement latest oil sanctions against Russia?
The recently imposed US sanctions on Russian oil supply hold little if any advantage for President-elect Donald Trump.
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