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Crude - Angel One

Oil Prices Edge Higher Amid US Sanctions and Stockpile Decline

Oil Prices Edge Higher Amid US Sanctions and Stockpile Decline

15 January 2025

Oil prices rebounded slightly on Wednesday, January 15, 2025, after experiencing their sharpest decline in over a month, as US sanctions on Russian oil continued to disrupt markets and new data suggested a drop in US crude inventories. Also later in the day the Organisation of Petroleum Exporting Countries (OPEC) and the International Energy Agency …

Oil Prices Hold Steady Near 5-Month High Amid Rising Global Supply Threats

Oil Prices Hold Steady Near 5-Month High Amid Rising Global Supply Threats

14 January 2025

On January 14, 2024, Oil prices are maintaining momentum near a five-month high as supply concerns deepen due to aggressive US sanctions and the possibility of trade tariffs under the incoming Trump administration. West Texas Intermediate (WTI) crude held steady near $79 a barrel after climbing over 6% in the last two trading sessions. Brent …

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