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Russia, oil

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.

AOL · 1d

Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia

Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios.

Reuters · 1d

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 energy trade on Friday, which sent oil prices surging to multi-month highs, market participants said.

Oil inches up

Barron's · 18h

Oil Edges Higher Amid Uncertainty About Effect of U.S. Sanctions

Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at $80.22 a barrel, while WTI was up 0.5% to $76.74 a barrel. Further gains are also being capped by reports of a potentially imminent cease-fire deal between Israel and Hamas.

Reuters · 22h

Oil inches up, but uncertainty over sanctions impact caps gains

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.

Seeking Alpha · 2d

Brent Crude: Oil Advances On Russian Sanctions - Will The 100-Day MA Cap Gains?

Oil prices continued their rise this morning following a harsh batch of sanctions by the US on Russian Oil and tankers. Click to read.

10h

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 ...

Crude Oil Prices7h

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 ...

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 ...

Oil and Natural Gas Technical Analysis: US Sanctions Propel Breakouts

WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.

Moneyweb42m

Oil extends gain as IEA warns on Russia curbs and stockpiles ebb

In its monthly market snapshot on Wednesday, the IEA said the 160 tankers sanctioned by the US last week had shipped more ...

5don MSN

Oil jumps 4%, Brent breaks $80 as traders worry about tougher Russia sanctions

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

ThePrint27m

Oil rises as US inventory decline heightens supply concerns

Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a larger-than-forecast fall in U.S. crude oil ...

14hon 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 ...

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