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.
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.
Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
Oil prices rose today, Jan. 15 as the US imposed stricter sanctions on Russia, which sparked concerns over potential ...
WTI oil pulls back as traders take some profits off the table after the strong rally, which was triggered by new sanctions on ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback