Oil retreats slightly

Crude Prices End Lower on Speculation US Will Ease Russian Crude Sanctions
Thursday closed down -1.36 (-1.70%), and February RBOB gasoline (RBG25) closed down -0.0357 (-1.65%). Crude and gasoline prices retreated Thursday on speculation that President-elect Trump will ease sanctions on Russian energy exports to facilitate a diplomatic accord between Russia and Ukraine.
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
Trump readies tougher oil sanctions against Russia, Iran
Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil industry to end the war in Ukraine.
Oil Prices Remain Elevated After Russia Sanctions Sparked Supply Concerns
The size and scope of new U.S. sanctions on Russia sent oil prices spiking on Monday, and both Brent and WTI have retained most of those gains.
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios.
Why Latest US Sanctions on Russian Oil Are a Big Deal
In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely oil tankers.
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
U.S. oil reserves fall, sanctions on Russia drive prices
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource, with U.S. oil reserves experiencing the longest series of declines since 2021,
Oil price risk is expected to increase because of sanctions supply – Goldman
Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
U.S. Sanctions Push Oil Prices to Five-Month High
Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
Crude Oil Prices3d
Oil Prices Jump to 4-Month High on Fresh U.S. Sanctions
New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and ...
Oil Edges Higher Amid Uncertainty About Effect of U.S. Sanctions
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...