Oil prices jump after U.S. sanctions Rosneft and Lukoil
Oil prices have jumped after the United States has sanctioned Russia’s two largest oil companies.
Oil prices have jumped after the United States has sanctioned Russia’s two largest oil companies.
Oil prices dipped on Monday, pressured by worries over a global glut as U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand.
Oil prices are growing by more than 2%, with Brent crude surpassing $70 per barrel.
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta increased by $0.79 (1.06%) compared to the previous rate, now sitting at $75.49 per barrel, a source in the oil and gas market said.
Oil prices hit their lowest in two weeks today as a freshly announced Iran-Israel ceasefire began to allay investor concerns over supply and shipping disruptions in the oil-rich Middle East.
An escalating conflict between Israel and Iran has rattled global markets, pushing oil prices sharply higher.
Oil prices have increased amid Israel's attack on Iran, with Brent crude surging by 11.6% to $78.5 per barrel and WTI crude rising to $71.60.
Oil prices extended losses on Monday, falling more than 2% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies a supply increase. The price …
Brent crude oil fell below $69 for the first time since early March. The price decline continues for the second day amid Trump and OPEC+ decisions.
Oil prices fell on Wednesday after Russian President Vladimir Putin and U.S. President Donald Trump held talks. Brent crude futures fell 23 cents, or 0.3%, to $70.33 a barrel by 0730 GMT. U.S. West Texas Intermediate crude …
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil …
Brent oil futures almost reached $80 per barrel during today's trading in London, while WTI also showed growth, rising to $75.
Brent oil futures with delivery in December moved up above $80 per barrel on the London-based ICE yesterday for the first time since August 29, according to market data. Brent futures had gained 2.75% to $80.2 a barrel but rolled back …
Stock markets tumbled on Monday, with Japanese shares at one point exceeding their 1987 "Black Monday" loss, as fears of a U.S. recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue …
Brent oil futures with delivery in August climbed above $87 per barrel at the London-based ICE for the first time since April 30, 2023, according to trading data. Brent prices edged up by 0.46% to $87.04 a barrel. WTI futures …
Oil prices eased on Tuesday, extending losses from a four-month low in the previous session, according to trading data. Brent crude futures …
Russian Deputy Prime Minister Alexander Novak expects the Brent oil price at $80-$85 per barrel next year, broadly in line with current levels.. He told Rossiya-24 state TV that Russia expects that the export of oil and petroleum …
The price of futures contract for Brent crude oil with March delivery on London’s ICE exceeded $81 per barrel yesterday evening for the first time since December 1. Brent price grew by 2.35% to $81.05 per barrel. By …
The price of Brent crude oil futures contract with February delivery on London’s ICE rose above $80 per barrel for the first time since December 1. As of 11:39 Moscow time, the Brent …
Oil prices continue falling. Since yesterday, Brent and WTI oil mixtures have fallen in price by 5%.