Oil prices slip as Russia sanctions stay in focus
Oil prices fell on Tuesday a day after hitting four-month highs as the market focused on the impact of new U.S. sanctions on Russian oil exports to key buyers India and China.Brent futures were down 36 cents,
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 continued to propel supertanker rates higher. Almost 30,000 crude tanker forward freight agreements, or FFAs, traded in the week ...
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.
Oil Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months.
Oil jumps as new US sanctions to curb Russian supply to China, India
Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
Oil prices pull back after hitting 4-month highs on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally boosted by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to four-month highs.
Indian Refiners See Moscow Finding Path Around Latest Oil Curbs
State-owned oil refiners in India, the top importer of seaborne Russian crude, believe the impact from the latest US sanctions may be temporary as Moscow finds workarounds, and the new Trump administration takes a softer line against the OPEC+ member.
Oil Eases as Market Weighs U.S. Sanctions on Russia
Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil sector.
Biden to significantly relax Cuba sanctions in final days before Trump
U.S. President Joe Biden will relax sanctions targeting long-time foe Cuba days before Donald Trump takes office in a broad ...
Biden levies new sanctions against Russian energy sector, but it’s up to Trump whether to keep them
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
EU to propose ban on Russian aluminium imports in new sanctions package, EU diplomats say
The European Commission intends to propose a ban on imports of Russian primary aluminium in its 16th package of sanctions ...
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How US sanctions on Russian ‘shadow tankers’ is keeping oil prices high and stifling bids to reduce inflation
Global oil prices are hovering near recent highs and look set to crank up costs across the economy, including in Ireland, ...
EU ministers will consider easing sanctions on Syria at a meeting later in January
Germany’s foreign minister says sanctions against Syrian officials responsible for war crimes must remain in place but called ...
Russia's Sovcomflot says new U.S. sanctions create operational difficulties
Russia's leading tanker group, Sovcomflot, said on Tuesday that new U.S. sanctions would create additional operational ...