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Russia, Oil and Joe Biden

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.

Reuters · 6h

US hits Russian oil with toughest sanctions yet in bid to give Ukraine, Trump leverage

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump's incoming team leverage to reach a deal for peace in Ukraine.

The Washington Post on MSN · 6h

Biden administration sanctions Russia’s oil giants and tanker fleet

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.

Russia, U.S. sanctions and Oil Futures

Bloomberg L.P. · 6h

US Imposes Farewell Sanctions on Russian Oil

Oil had a dramatic day as the US imposed its most aggressive sanctions on Russia’s industry and prices surpassed $80 a barrel. Brent futures at one point hit their highest mark since early October. The sweeping penalties are part of an effort by the outgoing Biden administration to boost Ukraine’s leverage in possible peace negotiations after Donald Trump takes office.

MarketWatch · 2h

Energy Up as Oil Futures Surge on New Russia Oil Sanctions --- Energy Roundup

Shares of energy companies rose as oil futures spiked due to new U.S. sanctions on the Russian oil industry. Benchmark U.S. crude futures jumped almost 4% to top $76.57 a barrel, testing the $77 level for the first time since early October as icy weather in Texas threatened domestic supply,

Newsweek on MSN · 4h

New US Sanctions Take 'Sweeping Action' Against Russia's Energy Sector

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

Putin Criticises Oil Spill Cleanup

U.S. News & World Report · 10h

Black Sea Oil Spill Widens, Russian Authorities Say

Emergency workers toiling to clean up an oil spill in the Black Sea have detected seven new slicks, a Russian official told the TASS state news agency on Friday, as authorities struggle to mitigate the effects of the nearly month-old disaster.

RBC Ukraine on MSN · 2h

Putin reacts to oil spill in Black Sea after 25 days: Ukrainian MFA speaks out

Russian President Vladimir Putin has decided to establish a headquarters to manage the aftermath of the tanker accident in the Kerch Strait. This reaction from the Kremlin leader appears demonstrative,

Barron's · 1d

Putin Criticises Oil Spill Cleanup, Weeks After It Began

Russian President Vladimir Putin on Thursday criticised the clean up of a major oil spill in the Black Sea and created a new task force to take over the operation, almost four weeks after the spill began.

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

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.

16hon MSN

Tanker hit by Houthi rebels that threatened a Red Sea oil spill has been salvaged

An oil tanker that burned for weeks in the Red Sea after being attacked by Yemen's Houthi rebels and threatening a massive ...

12h

U.S. Oil Production Will Disappoint Again In 2025

One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...

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 ...

‘This made me plan a oil change tomorrow.’

@kndautomotive247 begins his video zoomed in on a 2017 Kia Sorrento’s engine. With 92,000 miles on the car, the engine was completely caked in “super overheated dry oil” that was so thick that he ...

Renewables Meet Reality: Fuel Oil Still A Problem In New England

States like Massachusetts, Connecticut, and Maine, legislated with binding laws that set limits on emissions to mitigate ...

German tug secures 'shadow fleet' oil tanker adrift in Baltic Sea

German rescue teams on Friday secured towing lines to a loaded oil tanker that lost the ability to manoeuvre in the Baltic ...

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