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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.

Hosted on MSN · 7h

Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped on Friday as the U.

Seeking Alpha · 4h

Crude oil spikes most in three months as new Russia oil sanctions 'taken more seriously'

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating fuels.

Salvage complete of tanker at center of oil spill scare

The Associated Press - Busines… · 20h

Salvage complete of tanker at center of oil spill scare after being hit by Houthi rebels in Red Sea

An oil tanker that burned for weeks in the Red Sea after being attacked by Yemen's Houthi rebels and threatening a massive oil spill has been salvaged, a security firm said Friday.The Sounion had been a disaster-in-waiting in the waterway,

Yahoo · 13h

Salvage of oil tanker damaged in Houthi attack completed

The recovery of the oil tanker Sounion, which was attacked and badly damaged by the Yemeni Houthi militia in the Red Sea last year, has been successfully completed, according to a security service provider.

Mid-Day on MSN · 1h

Oil tanker that sparked fears of Red Sea spill gets salvaged

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged, a security firm said on Friday. The ‘Sounion’ had been a disaster in waiting in the waterway,

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 ...

Occidental Petroleum says it realized lower prices for oil in fourth quarter

U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...

8hon MSN

Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

11hon 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.

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 ...

1don MSN

Oil futures end higher, with Brent turning up for the week

Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the ...

16hon MSN

Oil Surges on Supply Risks Amid Prospects of Tighter Sanctions

Oil prices jumped in midday European trade as investors focus on potential supply disruptions and expectations of stronger heating-fuel demand due to colder temperatures.

US to return $52.8 million in seized assets linked to Nigeria's former oil minister

The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against ...

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