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Oil rallies, settles at multi-month high on US crude draw, Russia sanctions

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.

The Wall Street Journal on MSN · 2d

Oil Headed for Weekly Gains on Supply Disruption Fears

Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.

Barron's · 2d

Oil Set for Weekly Gains on Russia Sanctions Fears

Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,

Reuters on MSN · 2d

Oil set for fourth week of gains as investors assess US sanctions impact

Oil prices edged up on Friday, heading for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade heightened expectations for oil supply disruptions. Brent crude futures were trading up 30 cents or 0.

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 ...

2don MSN

India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

MarketWatch2d

Crude Oil WTI (NYM $/bbl) Front Month

2-Year U.S. Treasury Note Continuous Contract $102.707-0.098-0.09% 5-Year U.S. Treasury Note Continuous Contract $106.078-0.188-0.18% 10-Year U.S. Treasury Note Continuous Contract $108.406-0.203 ...

Crude Oil Prices3d

Can This Huge Oil Discovery Revive The Bakken Oil Boom?

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

4don MSN

U.S. Crude Oil Stockpiles Extend Decline

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

17h

India Ups Efforts To Seek Alternatives To Russian Oil

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

1don MSN

AAA reports state gas price average is up one cent, crude oil price rising

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Vanguard3d

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 ...

Crude oil is in a downtrend resistance and the most overbought since 2023

Crude oil ( CL1:COM) is the most overbought since the 2023 peak, when it surpassed $91 – currently at $77.71. Crude oil ( CL1:COM) is surging into a downtrend resistance. Futures are down 5.71% from ...

Odessa American2d

ELAM: Short term top in oil

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Investing6d

CFTC Crude Oil speculative net positions

Crude oil lower; labor market data points to slowing economy By Investing.com - Jul 07, 2023 2 Investing.com -- Crude oil prices weakened Friday after softer-than-expected U.S. employment data ...

24/7 Wall St. on MSN1d

Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves

Energy investors concerned with an overbought stock market may find these four large-cap integrated oil giants very tempting ...

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