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 Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months.
IEA says new US sanctions could significantly disrupt Russian supply
The latest round of U.S. sanctions against Russian oil could significantly disrupt the country's oil supply chains, the International Energy Agency said in a monthly report on Wednesday, potentially tightening the global market.
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.
What The Latest Russia Sanctions Mean For Oil Markets
The outgoing Biden administration fired a parting salvo of enhanced sanctions at Russia last Friday, January 10. In so doing, it surprised the oil market and shifted the prevailing bearish market zeitgeist.
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 against Russian oil halt billions at sea
Sanctions imposed by the United States on 10th January against the Russian oil sector have halted about one-tenth of Russia's shadow fleet. The value of the oil it transports could exceed £2.9 billion.
IEA expects new US sanctions on Russia to strain global oil supply
New and more expansive US sanctions against Russia are likely to significantly disrupt oil supplies, the International Energy Agency said on Wednesday. The IEA said in its monthly Oil Market Report: Washington targeted two major oil producers (Gazprom Neft and Surgutneftegaz),
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 ...
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 ...
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 ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
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Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
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 ...
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 ...
EU eyeing easing of Syrian sanctions
The sanctions currently in place are primarily against the former government of Bashar al-Assad and his allies.
Tanker rates extend rise on sanctions, strong demand to load Mideast oil
Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest ...