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Russia, Oil

MarketWatch on MSN · 2h

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.

Hosted on MSN · 7h

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.

The Washington Post on MSN · 4h

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.

Shell Starts Oil Output at New Gulf of Mexico Field

Bloomberg L.P. · 1d

Shell Starts Oil Output at New Gulf of Mexico Field With Chevron

Shell Plc began production at its ‘Whale’ floating facility in the Gulf of Mexico, which is expected to reach daily peak production of 100,000 barrels of oil equivalent.

The Business Journals · 3h

Shell, Chevron start up Whale offshore project in Gulf of Mexico

The Whale final investment decision was delayed a year because of Shell’s cash-preservation strategy during the Covid-19 pandemic, Shell said. “Whale demonstrates our focus on

Shell begins oil production at floating Gulf of Mexico facility

The new Whale development is up and running following President Joe Biden’s drilling ban along much of the U.S. coastline.

4h

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 ...

2h

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 ...

6hon 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.

10h

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, ...

2h

Zelenskiy: Sanctions on Russian oil significantly affect Moscow's war financing

Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called ...

2don MSN

Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

1d

Oil Price Update - Will Brent Break $80? Winter Demand, Offshore Drilling, And Technicals In Focus

Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...

3h

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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