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Brent crude jumps above $80 a barrel

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.

Bloomberg L.P. · 5d

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 would hit flows from Russia.

Oil inches up

Reuters · 15h

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.

Channel NewsAsia Singapore · 11m

Oil gains capped by uncertainty over sanctions impact

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact.Brent crude futures rose 29 cents,

Barron's · 12h

US Sanctions May Impact Russian, Iranian Oil Supplies: IEA

A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.

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 ...

11h

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

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 ...

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 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 ...

10hon MSN

IEA Cuts 2025 Oil Demand Growth Forecast Moderately

The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...

7hon 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 ...

Nymex Overview: Oil and Products Rally on Supply Concerns Over U.S. Sanctions -- OPIS

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...

اخبار 241d

Oil falls but Brent holds above $80

Oil edged down today, Jan. 14, but remained near a four-month high after gains earlier in the week following fresh US ...

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