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Oil prices on track for fourth straight weekly gain on supply fears
Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.
Oil set for fourth week of gains as investors assess US sanctions impact
Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade heightened expectations for oil supply disruptions.
Oil price risk is expected to increase because of sanctions supply – Goldman
Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global commodities research at Goldman Sachs. The Energy Select Sector SPDR Fund ETF (XLE) is up 8.
Oil Prices Are Set to Extend Their String of Weekly Gains
Crude oil prices are expected to rise for a third week in a row due to US sanctions on Russia, positive economic data from China, and potential US interest rate cuts.
Oil climbs, set for fourth week of gains as US sanctions hit supply
Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy trade hit supply, pushing up spot trade prices and shipping rates. Brent crude futures were trading 55 cents or 0.
16h
on MSN
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
2d
Oil prices slip on US energy demand forecast
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
1d
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
1d
on 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 ...
Vanguard
21h
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
Middle East Eye
3d
Price of oil rises in anticipation of Trump and 'maximum pressure campaign'
Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...
FoodNavigator
21h
Why palm oil’s prices rocketed and sent buyers to other fats
A late year palm-oil price spike may be linked to market uncertainty, but underlying conditions were nevertheless the main ...
2d
Why Oil Industry Jobs Are Down, Even With Production Up
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
2d
on MSN
Oil Prices Mixed on Falling U.S. Inventories, Potential Middle East Ceasefire
Oil prices were mixed after having firmed in morning trading in Asia, after U.S. crude inventories fell more than expected, ING said.
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United States
Russia
Petroleum
Energy Information Administration
EIA
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