Oil gains for 4th-straight week on US sanctions

Oil prices dip but post 4th straight weekly gain on US sanctions
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.
Oil prices rise for fourth week amid supply concerns and policy uncertainty
Oil prices rose for the fourth consecutive week due to supply concerns and uncertainty over energy policies from the incoming president.
Oil prices score a 4th straight weekly gain on supply fears
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.
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.
Oil Headed for Weekly Gains on Supply Disruption Fears
Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.
Oil Set for Weekly Gains on Russia Sanctions Fears
Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,
Oil climbs, set for fourth week of gains as US sanctions hit supply
Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy trade hit supply, pushing up spot trade prices and shipping rates. Brent crude futures were trading 55 cents or 0.
Hosted on MSN15h
U.S. Oil Prices Reach New Heights Since August
The United States is witnessing a significant uptick in oil prices, with crude oil trading at nearly $80 per barrel, a peak ...
Sanctions and trade barriers set to remain in focus for oil as Trump takes office
Oil posted a loss in Friday’s trading session but tallied a fourth straight weekly rise, with sanctions and trade barriers likely to [remain in focus as President-elec ...
Crude Oil Prices4d
BP Expects Weak Oil Trading and Refining Margins to Reduce Q4 Profit
BP forecasts that weaker realized refining margins will dent the Q4 earnings by up to $300 million. Refinery turnaround ...
Hosted on MSN14h
Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves
West Texas Intermediate (WTI) was trading in the $90 range, but since a peak of $83.57 in late April, the price for the ...
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
Odessa American19h
ELAM: Short term top in oil
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Yahoo Finance10d
Shell warns of weaker fourth quarter LNG, oil trading
Trading in its chemicals and oil products division was also expected to be significantly lower quarter-on-quarter due to lower seasonal demand. Shell does not provide earnings figures for its ...
Zawya3d
Oman’s trade surplus grows to $16.8bln as refined oil exports surge
Muscat – Oman’s trade surplus increased by RO218mn to reach RO6.562bn during the first ten months of 2024, compared to ...
Crude Oil Prices1d
TotalEnergies Expects Better LNG Trading in Q4
TotalEnergies expects to report stronger fourth-quarter earnings than other oil majors, driven by strong LNG production and ...