Oil prices rallied more than 4% on Friday to reach their highest levels since October as traders focused on potential supply disruptions from more sanctions on Russia.
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since October 7th.
China and India are diversifying their crude oil imports away from Russia and Iran due to tightening Western sanctions and expected supply disruptions.
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Sentiment was also boosted by a report from Reuters, citing a document, that the United States will impose some of the ...
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could ...
"Sentiment remains positive on the back of colder weather across parts of the Northern Hemisphere, which is likely to boost oil demand. In addition, spot Asian LNG (liquefied natural gas) is trading ...
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...