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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 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 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, Gas prices
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a snag and has yet to take effect.
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 that was last observed in August. This 3% rise in oil costs, as reported on Wednesday,
Gasoline, oil prices up due to uncertainty over Russia and Trump
Gas prices have come up recently, and they could be headed up more in the future. “The market does not like uncertainty,” says AAA oil market analyst Don
16h
on MSN
Oil Prices Are Up, But Oil Stocks Are Not. Why Energy Markets Have Gotten So Unpredictable.
Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.
9h
on MSN
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
2d
on MSN
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 ...
Crude Oil Prices
3h
Big Oil Faces Wave of Climate Lawsuits from U.S. States and Territories
U.S. states and territories are taking legal action against the government and oil companies over climate change impacts, ...
3d
on 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 ...
2d
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
4d
on MSN
Oil Prices Are on a Tear. It’s a Short-Term Headache for Inflation.
Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...
Crude Oil Prices
1d
US Rig Count Falls in Strong Week for Oil
The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...
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Russia
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