Oil rises on supply concerns as market awaits clarity on sanctions – Oil & Gas 360

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Oil prices climbed to one-week highs today, with concerns about supply outages behind their rise. North Sea Brent crude inched up nearly 0.6 percent shortly before 6:30 p.m. CET and was near $76.3 per barrel. U.S. light oil West Texas Intermediate (WTI) showed growth of about 0.9 percent, hovering near $72.5 per barrel.

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Oil rises on supply concerns as market awaits clarity on sanctions – Oil & Gas 360

(Investing) – NEW YORK  – Oil prices rose about 1% to a one-week high on Wednesday on worries about supply disruptions in Russia and the U.S., while the market awaits clarity on sanctions as the U.S. attempts to broker a deal to end the war in Ukraine. Brent futures were up 65 cents, or 0.9%, at $76.49 a barrel by 10:38 a.m. EST (1538 GMT), while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.2%, to $72.74. That puts both crude ben…

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Oil Prices Rise Amid Supply Disruptions in the US and Russia - Jordan News | Latest News from Jordan, MENA

Oil prices saw an increase in early Asian trading on Wednesday, driven by disruptions in oil supplies from the United States and Russia, while markets await further clarity on peace talks in Ukraine.

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Oil edges higher on supply concerns while market seeks peace talks clarity

LONDON: Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while the market awaits clarity on sanctions as the U.S. attempts to broker a deal to end the war in Ukraine. Brent crude futures were up 61 cents, or 0.8%, at $76.45 a barrel by 1155 GMT, on track for a third day of gains. U.S. West Texas Intermediate crude futures for March rose 70 cents, or 1%, to $72.55, up 2.6% from the previous cl…