Reported about 22 hours ago
Oil prices are set for a fourth consecutive week of gains as heightened U.S. sanctions on Russian energy trade create fears of supply disruptions. Despite a slight decline on Friday, Brent crude is down 0.70% at $80.72 per barrel, and U.S. West Texas Intermediate is down 0.56% at $78.24 per barrel. Investors are cautious while awaiting further actions from the upcoming U.S. administration and the potential ceasefire deal in Gaza, which may impact global shipping routes.
Source: YAHOO