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Oil rises on US crude draw, Russia sanctions

Oil steadies after boost from US crude draw, Russia sanctions

Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger-than-forecast fall in U.S. crude stocks. Brent crude futures were down 23 cents,

BT TV on MSN · 23h

Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices

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 of Russian oil. However, the outgoing U.S. President Joe Biden still believes that oil prices will stabilize and that consumers will not be burdened.

The Wall Street Journal on MSN · 4h

New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices

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.

EIA, oil supply

Markets Insider on MSN · 19h

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 output from record levels, the EIA said.

Oil · 1d

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

Reuters · 14h

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.

Oil, U.S. Sanctions

Barron's · 1h

Oil Supported by U.S. Sanctions Concerns, Inventory Decline

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a larger-than-expected drawdown in U.S. stockpiles. Brent crude was down 0.2% at $81.

Reuters on MSN · 21h

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 16 cents,

The Wall Street Journal on MSN · 23h

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.

50mon MSN

Exclusive: India's palm oil imports to hit 5-year low in Jan on negative margins, sources say

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

Business Insider2d

Oil (WTI) Price

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 573.31 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.86 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...

Crude Oil Prices2d

Oil Prices Remain Elevated as Sanction Impact Sinks In

US sanctions on the Russian energy industry are expected to reduce oil supply and keep prices elevated, despite some analysts ...

5don MSN

Geopolitical Concerns Have Oil Prices Back at October Levels

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

20hon MSN

IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus

The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an ...

Middle East Eye2d

Price of oil rises in anticipation of Trump and 'maximum pressure campaign'

Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...

The Moscow Times on MSN2d

Dozens of Tankers Carrying Russian Oil Stuck Idling After U.S. Sanctions

More than a third of tankers transporting Russian oil have come to a standstill following new U.S. sanctions, Reuters ...

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