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Oil gains capped by uncertainty over sanctions impact
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact. Brent crude futures rose 16 cents,
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy sector."
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.
US Sanctions May Impact Russian, Iranian Oil Supplies: IEA
A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.
US Sanctions to Have 'Significant' Impact on Russian Oil
The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it,
2h
on MSN
Tanker rates extend rally on sanctions, demand to load Mideast oil, products
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
2h
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 ...
20h
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 ...
2h
Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal
A billionaire oil tycoon tried again on Wednesday to overturn British sanctions imposed over Moscow's invasion of Ukraine in ...
17h
Oil Futures Retreat From Sanctions-Driven Highs
Oil futures return some gains amid profit-taking after the rally that was prompted by increased U.S. sanctions against Russia and strong winter demand for heating fuels. Ritterbusch sees the response ...
2d
on MSN
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 ...
4h
Kremlin says EU sanctions on Russian aluminium would risk destabilising a 'fragile' global market
The Kremlin said on Wednesday that European Union sanctions on imports of Russian primary aluminium would risk destabilising ...
2d
on MSN
EU eyeing easing of Syrian sanctions
The sanctions currently in place are primarily against the former government of Bashar al-Assad and his allies.
The Express Tribune
6h
US sanctions two Indian firms for aiding Russia's Arctic LNG 2 project
The US sanctions two Indian firms, Skyhart Management and Avision Shipping, for their alleged involvement in Russia's Arctic ...
1d
on MSN
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...
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