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 on supply fears, Fed rate cut hopes
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts.
Oil price risk is expected to increase because of sanctions supply – Goldman
Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global commodities research at Goldman Sachs. The Energy Select Sector SPDR Fund ETF (XLE) is up 8.
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 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 prices edge lower after closing at 4-month high
Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories.
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 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. Brent crude futures dipped 50 cents,
Oil prices rise for fourth week amid supply concerns and policy uncertainty
Supply concerns and uncertainty over energy policies from the incoming president boosted oil prices this week for a fourth consecutive week. West Texas Intermediate rose only two trading days on the New York Mercantile Exchange but briefly touched the $80 barrier Wednesday.
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
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 ...
Big Oil celebrates the return of Trump. Clean energy braces for trouble
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
Business Insider1d
Oil (WTI) Price
1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.88 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.23 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 579.49 ...
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.
Oil producers rush to hedge as US sanctions on Russia send prices higher
Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...
Crude Oil Prices3d
Oil Prices Stable After Bearish EIA Report
Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA ...
Vanguard1d
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...