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China response key to crude oil after new sanctions on Russia: Russell

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.

The Wall Street Journal on MSN · 17h

New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices

Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.

Bloomberg L.P. · 1d

India Rushes to Pay for Russian Oil Ahead of Sanctions Cutoff

India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of Washington’s curbs on Moscow’s oil industry effectively comes into force next month,

Reuters · 9h

Oil retreats slightly after boost from US crude draw, Russia sanctions

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.

US crude oil stocks excluding SPR fall to 2-year low, EIA says

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

2hon MSN

AAA: Rising crude oil could affect pump prices

While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...

The Punch Newspapers on MSN1h

Dangote refinery projects 650,000bpd June, plans crude import

The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company ...

Crude Oil Prices2d

Crude Inventories Continue to Draw as Product Inventories Soar

The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...

MarketWatch18h

Crude Oil WTI (NYM $/bbl) Front Month

2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...

Vanguard7h

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 ...

Brent Crude Oil Hits $80 a Barrel for First Time Since October

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

EIA reports a weekly fall in U.S. crude supplies, but inventory rises

Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...