February 12, 2026

Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices

By Charles Kennedy – Feb 12, 2026, 10:30 AM CST The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market and supporting crude prices as buyers look for additional legit barrels while sanctioned supply is piling in floating storage, according to the world’s biggest independent oil trader, Vitol. “The […]

WTI remains below $65.00 as US crude inventories build last week

Uncategorized / By admin

West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday. Crude Oil prices face pressure after the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that US crude inventories jumped by 8.53 million barrels last week. At

WTI remains below $65.00 as US crude inventories build last week Read More »

Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices

WTI remains below $65.00 as US crude inventories build last week

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