Brent Falls over 2% on Possible US Sanctions Relief
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Oil Prices Slide as US Weighs Easing Sanctions on Shadow Fleet: Implications for Tanker Rates, Delivered Crude Costs, and Diesel Crack Spreads - Energy News Beat
Oil prices fell about 2% on October 15, 2026, after reports that the Trump administration is considering easing sanctions on vessels in the so-called “shadow fleet.” Brent crude futures dropped about $2.28 (2.2%) to around $103.78 a barrel, while WTI fell about $1.34 (1.4%) to roughly $93.75, reversing prior gains. The move reflected hopes that […]
Oil prices fell on Thursday (15/10) as potential US moves to ease restrictions on Russian “shadow fleet” tankers eased price concerns. However, attacks on ships in the Middle East and Ukrainian strikes on Russian energy infrastructure limited the extent of the de-escalation. Against this backdrop, Brent crude futures fell 2.24% to $103.71 a barrel. US West Texas Intermediate (WTI) crude futures fell 0.47% to $95.38 a barrel, reversing gains from…
Brent fell 2% to $103.8 per barrel while US crude (WTI) rose 0.13% to $94.97 per barrel.
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