Oil surges as sanctions seen disrupting Russian supplies; China, India reportedly turning away tankers

by


Jan. 13, 2025 7:29 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures jumped to five-month highs Monday, continuing the rally begun Friday following news of expanded U.S. sanctions against Russian oil that target several producers and hundreds of tankers, which analysts say threatens to disrupt global supplies.

The sanctions


Leave a Comment