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Russia, Oil

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.

Reuters · 5h

Oil prices rally 3% as US hits Russian oil with tougher sanctions

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue.

Hosted on MSN · 5h

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.

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.

E&E · 9h

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.

Oilfield Technology · 11h

Chevron bolsters US Gulf of Mexico production with whale facility startup

Chevron Corp. has announced the start of oil production from the Whale semi-submersible platform in the deepwater US Gulf of Mexico. Chevron USA Inc., a wholly owned subsidiary of Chevron Corporation,

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 ...

5hon 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.

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 ...

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 ...

Russian oil tanker reportedly drifting in Baltic Sea near German island

The German news agency dpa is reporting that a Russian oil tanker is drifting in the Baltic Sea north of the German island of Rügen. Dpa reported Friday that the Eventin, believed to be carrying ...

Dagens.com (AU) on MSN9h

Putin Orders Federal Response to Environmental Disaster in Black Sea After Oil Spill

The Black Sea has recently faced a devastating environmental disaster due to an oil spill from Russian tankers. Russian ...

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