US to impose sanctions on Russian oil fleet, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
US to impose sanctions on Russian oil, Indian supplies may be hit
The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company
Oil prices jump 3% on cold weather, supply concerns
Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S. and elsewhere and supply concerns.
Oil jumps more than 4% on concern over more sanctions on Russia
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. Brent crude futures gained $3.50,
Oil Set for Weekly Gains Amid Colder Weather, Supply Worries
Oil rose in early trade and are on track for modest weekly gains, as colder weather in parts of the U.S. and Europe boosts expectations of stronger heating fuel demand.
Oil headed for third weekly gain on rising winter fuel demand
Oil prices rose on Friday and are headed for a third weekly gain while demand for fuel continued to increase as cold weather gripped parts of the US and Europe. Brent, the benchmark for two thirds of the world’s oil,
Crude prices jump more than 3% on concerns over more US sanctions on Russia
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could not verify the veracity of the document
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic gasoline and distillate stocks,
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