Crude oil prices rise to the highest level in three months as new oil sanctions on Russia are taken “more seriously”

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Data analysis in the commodity energy market: charts and quotes displayed. Analysis of US West Texas Intermediate crude oil prices. An amazing drop in prices over the last 20 years.

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Crude oil futures rose to their highest levels in three months on Friday, after the Biden administration expanded sanctions on Russian oil, which could impact global supplies, while winter weather raises demand for heating fuel and threatens to freeze production.

The US Treasury Department announced the targeting of sanctions



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