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Oil Updates — Prices Edge up After US Warning on Russia Sanctions
3 Articles
3 Articles
Oil Updates — prices edge up after US warning on Russia sanctions
LONDON: Oil prices erased losses on Wednesday after US Treasury Secretary Scott Bessent said sanctions against Russia or secondary tariffs could go up if Friday’s meeting between President Donald Trump and Russian President Vladimir Putin does not go well. Brent crude futures edged up 6 cents to $66.18 a barrel by 2:43 p.m. Saudi time, while US West Texas Intermediate crude
Oil prices reversed their losses and rose this Wednesday, after U.S. Treasury Secretary Scott Bessent claimed that sanctions against Russia or secondary tariffs could increase if Friday's meeting between President Donald Trump and Russian President Vladimir Putin was not satisfactory.Brent crude's futures earned 6 cents, up to $66.18 per barrel, at 6:43 a.m. CDMX time, while the futures of U.S. crude West Texas Intermediate advanced 2 cents, to …
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