The USA has implemented the "strictest measures" against Russia, and oil prices have reached a four-month high.

After increasing nearly 4% in the previous Trade, the Global benchmark Brent Crude Oil Product price rose to over $81 per barrel. The West Texas Intermediate Crude Oil Product price is close to $78.

Zhitong Finance10:14

The USA has implemented the "harshest" sanctions against Russia! Russia claims it will respond, and both oils opened higher with a gap.

This could be the key support for the strengthening of oil prices! Speculators have even already Hold long positions waiting for an increase...

Golden10 Data10:05

RON95 Hike Could Push Inflation To 2.7% This Year

Business TodayJan 12 12:15

"Oil Bull" makes a comeback! With the US, UK, and Japan sanctioning Russia, is a Global Energy storm arising again?

Market Call sentiment returns.

Gelonghui FinanceJan 11 18:17

Shares of Oil and Gas Companies Are Trading Higher Following Reports Suggesting the US Is Preparing Sanctions Against Russian Oil and Gas.

BenzingaJan 11 03:49

Oil Prices Pop on Icy Weather, More Sanctions -- WSJ

WSJJan 11 00:02