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Russia, Oil
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for heating fuels.
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 October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.
Black Sea, Oil Spill
Black Sea Oil Spill Widens, Russian Authorities Say
Emergency workers toiling to clean up an oil spill in the Black Sea have detected seven new slicks, a Russian official told the TASS state news agency on Friday, as authorities struggle to mitigate the effects of the nearly month-old disaster.
New Oil Spill Detected In Black Sea From Stricken Russian Tanker
Fresh oil started pouring from a stricken Russian tanker in the Black Sea on Friday, said officials in Moscow, as Ukraine warned of "terrible environmental consequences" from the spill.
Putin Orders Federal Response to Environmental Disaster in Black Sea After Oil Spill
The Black Sea has recently faced a devastating environmental disaster due to an oil spill from Russian tankers. Russian President Vladimir Putin acknowledged the situation and stated that current efforts to address the crisis are insufficient,
3h
Why Has Oil Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
7h
Biden 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 ...
5h
on MSN
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.
9h
U.S. Oil Production Will Disappoint Again In 2025
One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
1h
Zelenskiy: Sanctions on Russian oil significantly affect Moscow's war financing
Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called ...
2d
on MSN
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 ...
1d
Oil Price Update - Will Brent Break $80? Winter Demand, Offshore Drilling, And Technicals In Focus
Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...
14h
Fracking a ‘plausible’ cause of earthquakes close to Gatwick
More than 100 earthquakes that damaged households across Surrey were likely caused by fracking, according to a landmark study ...
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