Oil retreats slightly

U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.
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.
Russia Intent On Defying New U.S. Sanctions on Its Oil Industry
Russia’s Foreign Ministry said that the U.S. move “represents an attempt to inflict damage on the Russian economy at any cost, even at the risk of destabilising global markets.
Why Latest US Sanctions on Russian Oil Are a Big Deal
In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.
Russia says it will continue oil and gas projects despite US sanctions
Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.
US Issues Fresh Round of Sanctions Against Russia Ahead of Trump Return to White House
Washington also took action against a sanctions evasion scheme established between actors in Russia and China, targeting regional clearing platforms in the two countries that it s
US imposes more sanctions on Russia
The outgoing US government has announced additional sanctions on Russia shortly before the end of President Joe Biden's term. The measures are directed against around 250 individuals and entities associated with the Russian defence industry,
US issues new Russia-related sanctions, Treasury website shows
The United States issued new Russia-related sanctions on Wednesday targeting multiple individuals, a China-based entity and a bank in Kyrgyzstan, according to a notice posted on the U.S. Department of Treasury website.
The Definitive Guide to Where the US Has Squeezed Russia’s Oil Flows the Hardest
The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...
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Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing ...
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 ...
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
Bessent says he'd support potential tougher sanctions to force Russia to the negotiating table on Ukraine
Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If ...
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Trump Team Readies Oil Sanctions Plan for Russia Deal
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...