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Oil retreats slightly
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 sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
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.
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."
9h
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent’s Bullish Outlook?
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts ...
Rigzone
3h
USA EIA Reveals Latest Brent Oil Price Forecasts
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...
اخبار 24
5h
Oil prices stable, Brent holds above $82
Oil prices were stable in early trade today, Jan. 16, after gaining nearly 3% the day before on a larger-than-expected drop ...
21h
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 ...
6d
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 ...
55m
Oil Trades Near Five-Month High on Lower Stockpiles, Russia Risk
Oil held near a five-month high as US crude inventories posted their longest run of declines since 2021 amid growing risks to global supplies.
1d
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
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 ...
Crude Oil Prices
17h
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 ...
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Related topics
Russia
United States
sanctions
Petroleum
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