oil price rises Archives

Oil prices climb after the EU imposes new sanctions on Russia

July 18, 2025

(Oil Price)– Oil prices moved higher on Friday morning after the EU agreed to an 18th package of sanctions against Russia, but the effectiveness of the sanctions is yet to be seen. Oil prices rose on Friday after the EU adopted its 18th sanctions package against Russia, lowering the price cap, targeting Russian oil trade, and closing a loophole that has

Oil rises to 7-week high on US-China trade deal

June 11, 2025

(Investing) – LONDON -Oil prices rose to their highest in seven weeks on Wednesday as U.S. President Donald Trump said a deal had been done with China, heightening expectations of a de-escalation in trade tensions between the world’s two largest economies. Brent crude futures were up $1.15, or 1.7%, to $68.02 a barrel at 1249 GMT, while U.S. West Texas Intermediate crude

oil price rises

Oil prices climb after the EU imposes new sanctions on Russia

Oil rises to 7-week high on US-China trade deal

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