Fresh U.S. sanctions show 'crackdown' on Russia's oil exports
Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...
Geopolitical Concerns Have Oil Prices Back at October Levels
Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.
Oil is the most oversold asset globally – BofA
Oil ( USO) is the most oversold asset around the world, with flows down 5% from their 200-day moving average, BofA Securities data showed. Oil also had the highest ranked returns in 2024, up 2.2%, and ...
Oil and natural-gas futures rally as winter storm looks set to lift heating demand
Oil futures on Friday climbed to their highest levels since early October and natural-gas futures jumped more than 5% as forecasts for a major winter storm tar ...
Oil jumps 4%, Brent breaks $80 as traders worry about tougher Russia sanctions
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...