Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
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.
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 slipped on Tuesday from the previous day's four-month highs but the market remained supported by continuing focus ...
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...