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Oil settles higher as investors assess attacks on Russian energy facilities
Yahoo Finance· 2025-09-15 08:52
By Georgina McCartney HOUSTON (Reuters) - Oil prices settled higher Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of U.S. President Donald Trump pressing NATO nations to halt Russian oil purchases. Brent crude futures settled up 45 cents, or 0.67%, at $67.44 a barrel while U.S. West Texas Intermediate crude settled 61 cents higher, up 0.97%, at $63.30 a barrel. Attacks on Russian oil infrastructure and mounting pressure from Trump on buyers of Russian crude ...
Oil gains weighed down by US demand worries
Yahoo Finance· 2025-09-12 09:26
By Erwin Seba (Reuters) - Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S. West Texas Intermediate crude finished at $62.69, a gain of 32 cents, or 0.51%. Early in the day, crude reacted to the drone attack on Russia's northwestern port of Primorsk, which led to a suspension of oil loading operations overnight ...
Oil prices settle up over $1 after global tensions mount; oversupply caps gains
Yahoo Finance· 2025-09-10 09:27
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the U.S. pushed for new sanctions on buyers of Russian oil the day after an Israeli attack in Qatar, but a report showing swelling U.S. supplies capped gains. Brent crude futures settled up $1.10, or 1.7%, at $67.49 a barrel. U.S. West Texas Intermediate crude futures rose $1.04, or 1.7%, to settle at ...
Oil settles higher after Israeli attack on Qatar
Yahoo Finance· 2025-09-09 08:40
By Shariq Khan NEW YORK (Reuters) - Oil prices settled higher on Tuesday after the Israeli military said it carried out an attack on Hamas leadership in the Qatari capital Doha, an expansion of its military actions in the Middle East. Brent crude futures settled 37 cents, or 0.6%, higher at $66.39 a barrel, while U.S. West Texas Intermediate crude futures also climbed 37 cents, or 0.6%, to close at $62.63 a barrel. Both benchmarks had gained almost 2% shortly after the Israeli attack on Qatar, but gave ...