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Brent crude jumps above $80 a barrel
Brent crude jumps above $80 a barrel as investors weigh U.S. sanctions on Russian oil
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 U.S. sanctions on Russia’s oil sector.
Brent crude pops above $81 on fresh U.S. sanctions against Russian oil
Crude oil prices surge as U.S. sanctions on Russian oil disrupt global supplies, driving Brent crude above $81/bbl to the highest in nearly five months.
Oil prices hover near 4-month highs as Russia sanctions stay in focus
Oil prices eased on Tuesday but remained near four-month highs as the impact of fresh U.S. sanctions on Russian oil remained the market's main focus, ahead of U.S. inflation data this week. Brent futures slipped 53 cents,
EIA, Crude oil
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 exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
EIA forecasts lower crude oil prices in 2025, 2026
Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, according to a report by the US Energy Information
US energy agency revises up crude oil price forecasts for 2025
As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas Intermediate (WTI) is expected to trade at $70.31 per barrel in 2025. In the previous month's report, these figures were $73.58 and $69.12, respectively.
1d
on MSN
UBS sees upside risk to $80 Brent crude forecast
Giovanni Staunovo of UBS Global Wealth Management discusses the expanded U.S. sanctions on Russian energy, and how high he ...
legit on MSN
10h
Marketers Increase Petrol Prices Amid High Crude Oil Prices Globally
Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...
7h
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 ...
2d
Crude hits 6-month high as new US sanctions trigger global supply fears
Brent crude, the international benchmark, rose as much as 1.9 per cent to $81.29 a barrel in London, beyond the $80.93 high ...
اخبار 24
1d
Oil falls but Brent holds above $80
International benchmark
Brent crude
was trading down 0.52% at $80.59 a barrel, at 09:10 am Makkah time. West Texas ...
ThePrint
7h
Oil rises on US crude draw, Russia sanctions; Gaza ceasefire deal caps gains
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
5d
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 ...
2d
FTSE 100 Live 13 January: Sterling in new fall, Brent Crude rise fuels inflation fears
The economic storm facing Chancellor Rachel Reeves showed few signs of easing today after the pound lost further ground ...
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