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Brent crude jumps above $80 a barrel

MarketWatch on MSN · 2d

Brent crude jumps above $80 a barrel as investors weigh Russia oil sanctions

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the potential hit to supply from a further tightening of sanctions on Russia’s oil sector.

Bloomberg L.P. · 5d

Brent Crude Oil Hits $80 a Barrel for First Time Since October

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that would hit flows from Russia.

Hosted on MSN · 5d

Oil jumps 4%, Brent breaks $80 as traders worry about tougher Russia sanctions

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.

EIA, Crude oil

US Crude oil stocks excluding SPR fall to 2-year low, EIA says

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.

Markets Insider on MSN · 1h

Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.

MarketWatch · 1d

EIA lifts natural-gas price forecast, expects global oil supply surplus this year

The Energy Information Administration lifted its U.S. natural-gas price forecast for this year with growth in demand, led by liquified natural gas exports, expected to outpace production growth, according to a monthly report released Tuesday.

Oil inches up

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 $80.22 a barrel, while WTI was up 0.5% to $76.74 a barrel. Further gains are also being capped by reports of a potentially imminent cease-fire deal between Israel and Hamas.

Oil inches up, but uncertainty over sanctions impact caps gains

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.

Bloomberg on MSN · 6h

US Sanctions to Have 'Significant' Impact on Russian Oil

The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it,

legit on MSN35m

Marketers Increase Petrol Prices Amid High Crude Oil Prices Globally

Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...

4hon MSN

IEA Cuts 2025 Oil Demand Growth Forecast Moderately

The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...

1d

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Cold Weather

Natural gas is moving higher, supported by cold weather forecasts which indicate that demand would be strong in the near term ...

1d

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 ...

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