Oil Climbs as Sanctions Angst and Lower Stockpiles Set the Tone
Oil edged higher after dropping by the most in more than a month as the impact of US sanctions against Russian flows continued to reverberate, and an industry report pointed to lower US stockpiles.Most Read from BloombergThese Homes Withstood the LA Fires.
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.
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...
“High spare oil capacity is likely to restrict oil prices from climbing substantially this year in spite of continued solid demand,” Goldman Sachs said, adding that it expects global oil demand to ...
Crude oil markets brace for inflation data as Russian sanctions threaten supply. WTI futures target $81.33 but face ...
Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market's attention focused on the ...
Oil prices were down slightly on Tuesday morning but remained elevated on the back of U.S. sanctions on Russia which caused prices to spike on Monday. - The US Department of Treasury ...
Oil prices continued their rise this morning following a harsh batch of sanctions by the US on Russian Oil and tankers. Click ...
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