Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions of Russian oil. However, the outgoing U.S. President Joe Biden still believes that oil prices will stabilize and that consumers will not be burdened.
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, ...
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 ...
Indian refiners are aiming to settle payments for Russian oil much faster to avoid complications from US sanctions.
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
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