Latest US Sanctions on Russian Oil Are a Big Deal

China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
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.
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 the latest U.S. sanctions on Russia and a larger-than-forecast fall in U.S. crude stocks. Brent crude futures were down 37 cents,
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
U.S. oil reserves fall, sanctions on Russia drive prices
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource, with U.S. oil reserves experiencing the longest series of declines since 2021,

EIA reports a weekly fall in U.S. crude supplies

AAA reports state gas price average is up one cent, crude oil price rising
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MarketWatch1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...
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While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
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Oil Futures Beat a Technical Retreat
Oil futures pull back from five-month highs reached on supply concerns around U.S. sanctions and winter heating fuel demand. "Crude oil finally caved under pressure from an overbought RSI," Mizuho's ...
IOC buys 7 million barrels of Middle Eastern, African crude oil via tenders
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Oil ends lower, with U.S. prices failing to hold above $80 a barrel
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