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Russia, oil

Brent crude jumps above $80 a barrel as investors weigh Russia oil sanctions

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the potential hit to supply from a further tightening of sanctions on Russia’s oil sector.

Reuters · 2d

Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies

Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other suppliers.

AOL · 1d

Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia

Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios.

Oil inches up

Reuters · 22h

Oil inches up, but uncertainty over sanctions impact caps gains

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.

Seeking Alpha · 2d

Brent Crude: Oil Advances On Russian Sanctions - Will The 100-Day MA Cap Gains?

Oil prices continued their rise this morning following a harsh batch of sanctions by the US on Russian Oil and tankers. Click to read.

The Wall Street Journal on MSN · 18h

Oil Edges Higher Amid Uncertainty on Effect of U.S. Sanctions

Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.

10h

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Month Highs As Crude Inventories Decline

WTI oil tests new highs as traders focus on the EIA report, which indicated that crude inventories declined by 2.0 million ...

Crude Oil Prices7h

Early-Year Strength In Oil Markets Likely To Continue

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Why Oil Has Hit A 3-Month High With Brent Touching $80

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil and Natural Gas Technical Analysis: US Sanctions Propel Breakouts

WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.

Brent Crude Oil Hits $80 a Barrel for First Time Since October

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

Moneyweb24m

Oil extends gain as IEA warns on Russia curbs and stockpiles ebb

In its monthly market snapshot on Wednesday, the IEA said the 160 tankers sanctioned by the US last week had shipped more than 1.6 million barrels a day of Russian oil in 2024, about 22% of the ...

ThePrint9m

Oil rises as US inventory decline heightens supply concerns

Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a larger-than-forecast fall in U.S. crude oil ...

13hon 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 ...

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