Oil Falls 2pct as Investors Assess Russia Sanctions, OPEC+ Output Plans

Oil Steady After Three-Day Drop With Focus on Russia, Stockpiles

Oil held a three-day drop as investors assessed the impact of Western sanctions against leading Russian crude producers, alongside a mixed industry estimate of US inventory changes.

Oil falls 2pct as investors assess Russia sanctions, OPEC+ output plans

LONDON: Oil prices fell two per cent on Tuesday, marking their third day of declines as investors assessed the effect of US sanctions on Russia's two biggest oil companies along with a potential OPEC+ plan to raise output.

Oil dips on worries about Russian sanctions, OPEC+ output increase

Oil dips on worries about Russian sanctions, OPEC+ output increaseOil prices declined, pressured by uncertainty over Russia sanctions and potential OPEC+ output increases, despite falling U.S. crude inventories supporting the market. The post Oil dips on worries about Russian sanctions, OPEC+ output increase first appeared on The Dispatch.

Oil dips on worries about Russian sanctions and Opec+

US excludes Rosneft Germany from sanctions Indian refiners halt new Russian oil orders Opec+ considering modest output hike Oil prices edged lower on Wednesday, extending a three-day slide, as doubts about the effectiveness of Russia sanctions and a potential Opec+ output increase put pressure on the market. Brent crude futures were down 7 cents, or 0.11 percent, at $64.33 a barrel by 04:11 GMT. US West Texas Intermediate crude futures fell 7 ce…

Oil falls 2% as investors weigh Russia sanctions, OPEC+ output plans

Oil prices fell 2% as traders weighed U.S. sanctions on Russian oil firms and possible OPEC+ plans to boost production. The post Oil falls 2% as investors weigh Russia sanctions, OPEC+ output plans first appeared on The Journal Record.