WTI Hits 5-Month High on Supply Risks - Rigzone

2 days ago · Oil prices rose to a five-month high as sweeping US sanctions on Russia's energy industry tightened global supplies and fueled market uncertainty. Image by FXQuadro via iStock Oil settled near $79 ...

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WTI Hits 5-Month High On Supply Risks - Rigzone

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rigzone.com

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Oil Hits Five-Month High As US Sanctions On Russia Menace Supply

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3 days ago · (Bloomberg) -- Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top ...

yahoo.com

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Oil Holds Near Five-Month High As Global Supply Risks Intensify

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2 days ago · (Bloomberg) --Oil held near a five-month high on threats to global supplies posed by harsher US sanctions against Russian flows and potential trade tariffs from the incoming Trump administration.Brent steadied near $81 a barrel, after surging by more than 5% over the …

energyconnects.com

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Oil Holds At Five-Month Highs On Supply Concerns - WSJ

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Oil Holds at Five-Month Highs on Supply Concerns ... Brent crude is up 0.2% at $89.11 a barrel and WTI is 0.1% higher at $85.23 a barrel—the highest levels since October. ... geopolitical risks ...

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Oil Hits Four-month High As US Sanctions On Russia Sow Confusion

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3 days ago · Oil hits four-month high as US sanctions on Russia sow confusion Brent for March settlement was 1.5% higher at $80.93 barrel at 7:39 a.m. in London. By Yongchang Chin and Nicholas Lua, Bloomberg ...

moneyweb.co.za

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Oil Hits Two-Month High On Tightening Supply - Rigzone

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Jan 3, 2025 · WTI for February delivery rose 1.1% to settle at $73.96 a barrel in New York. Brent for March settlement gained 0.8% to settle at $76.51 a barrel. What do you think?

rigzone.com

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WTI Hits 5-Month High On Supply Risks – ONMINE

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WTI Hits 5-Month High on Supply Risks. Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top producers. The US imposed its most aggressive and ambitious …

onmine.io

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Oil Retreats From Five-Month High Amid Gaza Ceasefire Talks

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1 day ago · Oil prices dipped from a five-month high after reports emerged that Israel and Hamas have tentatively agreed to a ceasefire, easing concerns about supply disruptions. West Texas Intermediate (WTI) dropped by 1.7%, settling at $77.50 a barrel, after CBS revealed that both …

thehighstreetjournal.com

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WTI Hits 5-Month High On Supply Risks | Roseland Oil & Gas

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Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top producers. The US imposed its most aggressive and ambitious sanctions yet on Russia’s oil industry last …

roselandconsulting.com

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Crude Oil Market Has Come Alive | Rigzone

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3 days ago · In the report, Schieldrop noted that “1-3 month time-spreads are shooting up to above $2 per barrel”, which he said “is consistent with Brent trading in the range of $80-90 per barrel”.

rigzone.com

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OIL, NATURAL GAS - Page 205 - THE LIVYJR FILES

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Jan 8, 2025 · RIGZONE "WTI Hits 5-Month High on Supply Risks" by Bloomberg | Mia Gindis and Alex Longley Monday, January 13, 2025 Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies …

thelivyjrfiles.com

FAQs about WTI Hits 5-Month High on Supply Risks - Rigzone Coupon?

What's going on with Brent crude & WTI?

Brent crude is up 0.2% at $89.11 a barrel and WTI is 0.1% higher at $85.23 a barrel—the highest levels since October. Both benchmarks are moving into deeper backwardation, according to analysts, suggesting that the oil market continues to tighten amid OPEC+ output cuts, geopolitical risks and signs of improving demand in the U.S. and China. ...

Are the new sanctions a threat to crude oil supply?

The International Energy Agency said on Wednesday that the fresh sanctions pose risks to the supply of crude oil in the coming weeks. At the time of writing, the price of West Texas Intermediate crude oil on the New York Mercantile Exchange was at $78.97 per barrel, up 0.3%. ...

What is Rigzone oil & gas news?

Oil & Gas News by RIGZONE - leading source of the latest news and insights for the oil & gas industry. ...

Are US sanctions causing oil prices to rise?

Concerns over Russian supply disruptions due to recent US sanctions also fueled price increases. The International Energy Agency said on Wednesday that the fresh sanctions pose risks to the supply of crude oil in the coming weeks. ...

Is WTI a sign of near-term bullishness?

WTI’s prompt spread — the difference in price between barrels for first and second month delivery — traded at the highest since August in a sign of near-term bullishness. The strength came as Alberta Premier Danielle Smith said Canada should prepare for 25% tariffs, with no exemptions for oil, once Trump assumes the presidency next week. ...

What happened to crude oil stocks in the US?

On Wednesday, the Energy Information Administration reported that crude oil stocks in the US fell by 2 million barrels during the week ending on January 10. Stocks were at 412.7 million barrels in the country, which was 6% below the five-year average for the period. ...