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Oil gains for 4th-straight week on US sanctions

Oil prices score a 4th straight weekly gain on supply fears

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.

Hosted on MSN · 15h

Oil set for fourth week of gains as investors assess US sanctions impact

Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade heightened expectations for oil supply disruptions. Brent crude futures were trading up 36 cents or 0.

The Wall Street Journal on MSN · 17h

Oil Headed for Weekly Gains on Supply Disruption Fears

Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.

Barron's · 17h

Oil Set for Weekly Gains on Russia Sanctions Fears

Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,

Reuters · 4h

Oil prices dip but post 4th straight weekly gain on US sanctions

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.

Baker Hughes, oil and gas rig

Reuters · 9h

US drillers cut oil and gas rigs to lowest since December 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday.

Midland Reporter-Telegram on M… · 4h

US drilling activity hits lowest level since December 2021, Baker Hughes reports

Drilling activity slumped for a second consecutive week, falling to the lowest level since December 2021. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was down four rigs to 580 rigs.

Seeking Alpha on MSN · 7h

U.S. oil and gas rig count slides to lowest in more than three years

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said Friday in its latest weekly report, after declining by 5 in the previous week.

India is staring at an oil shock

Reuters on MSN · 1d

Oil retreats slightly after boost from US crude draw, Russia sanctions

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger-than-forecast fall in U.S. crude stocks.

CNBC on MSN · 20h

India is staring at an oil shock as U.S. sanctions on Russian crude loom

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.

essanews.com on MSN · 14h

Trump administration plots tougher sanctions on Russian oil

The newly inaugurated President of the USA, Donald Trump, is laying the groundwork for a future agreement between Russia and Ukraine. The key mechanism is expected to be even stricter sanctions aimed at persuading Vladimir Putin to negotiate.

Russia, oil depot and Drone attack

RBC Ukraine on MSN · 3h

Drone attack on oil depot in Russia's Kaluga region: What is known

Unknown drones attacked an oil depot in the Russian Federation on the evening of January 17. This time, it was in the Kaluga region, according to Russian Telegram channels. It is reported that the drone attempted to attack an industrial enterprise in the city of Lyudinovo.

U.S. News & World Report · 5h

Drone Attack Sparks Fire at Russian Site, Reports Say Oil Depot Ablaze

Ukraine's military said on Thursday at least three drones had hit a Russian oil depot in Russia's southern Voronezh region, and on Friday said its own air defences had downed 33 o

Ukrainska Pravda on MSN · 6h

Russians report drone attack on oil depot in Kaluga Oblast: fire breaks out – videos

A drone attack on an oil depot was reported in the Russian city of Lyudinovo in Kaluga Oblast on the evening of 17 January. Source: Russian Telegram channels; Governor of Kaluga Oblast Vladislav Shapsha Details: Local media reported that attack drones had hit the Lyudinovo oil depot of the Kaluganefteprodukt company in Lyudinovo,

1hon MSN

Oil Prices Are Up, But Oil Stocks Are Not. Why Energy Markets Have Gotten So Unpredictable.

Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.

Oil output, exports drove Guyana economy's growth of 43.6% in 2024

Guyana's economy achieved its fifth-consecutive year of double-digit growth in 2024, expanding 43.6% as oil production and ...

1don MSN

Oil ends lower, with U.S. prices failing to hold above $80 a barrel

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

16hon MSN

Big Oil celebrates the return of Trump. Clean energy braces for trouble

Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

2don MSN

Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says

"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...

Has China already reached peak oil?

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...

2don MSN

Why Big Oil should pay to rebuild after the L.A. fires

California lawmakers may consider a climate ‘superfund’ law that forces fossil fuel companies to pay for damages linked to ...

Biden makes last-minute bid to thwart Arctic oil drilling

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...

10hon MSN

Oil Stocks Look Ready to Slip. Get Pumped for Going Short?

Oil stocks have surged and now shorting—or betting against them—looks like a stronger bet than buying them. The Energy Select ...

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