Oil prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped more than 3% on Friday as the U.
Oil Prices Skyrocket 4.5% as U.S. Targets Russian Tankers
Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.
Crude prices jump more than 3% on concerns over more US sanctions on Russia
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could not verify the veracity of the document
US to Impose Sanctions on Russian Oil Fleet, Document Shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Sweeping new U.S. sanctions target Russia's oil production and exports
The U.S. Departments of Treasury and State Friday applied new sanctions on Russia's oil production and exports. Sanctioned were oil companies, 183 ships, dozens of oil traders, insurance companies and energy officials.
Oil jumps almost 3% on concern over more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained $2.
US intensifies sanctions on Russian oil: Equities tumble, crude prices rally
The Biden administration's new sanctions target Russia's oil giants Gazprom Neft and Surgutneftegas, shadow fleet vessels, and opaque traders. Oil prices surged, while European equities slid as investors fear tighter global supply.
US imposes wide-ranging sanctions on Russian oil sector
The measures include sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and the blacklisting of 183 vessels involved in Russian energy exports. Dozens of traders, Russia-based oilfield service providers,
US hits Russian oil in toughest sanctions yet in bid to give Ukraine, Trump leverage
The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.
US, UK unveil widespread sanctions against Russia's energy sector
The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.- Strong economy influenced timing - Friday's announcement comes just 10 days before US President Biden is due to step down,
Oil Prices Pop on Icy Weather, More Sanctions
Crude prices are having one of their best days in a year, rallying as much as 5% amid concerns that icy weather in the oil ...
Geopolitical Concerns Have Oil Prices Back at October Levels
Oil prices rose Friday morning, touching prices last seen in the fall, as traders digested the possibility of further U.S.
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, ...
Crude Oil Prices11h
Oil Prices Extend Gains for the Third Week in a Row
Colder weather than expected is driving up global oil demand for heating purposes, leading to a rise in oil prices for the third consecutive week.
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...
ig.com10h
Gold price, WTI crude oil price and natural gas price higher in early trading
Early trading has seen more gains for commodity prices, lifting gold to its highest level since mid-December. ​The spot gold ...