Oil futures were lower with the market taking U.S. threats of Russia sanctions in stride given the 50-day deadline, and the August 1 deadline for the latest tariff threats to go into effect.

Oil prices experienced a rise on Wednesday, fueled by expectations of consistent demand from the U.S. and China, the world's leading oil consumers, amidst an improving economic outlook. Brent crude futures increased by 0.

Refined product prices have so far outperformed crude futures. September Nymex RBOB was up 0.8ct at $2.133/gal and August RBOB was 1.6ct higher at $2.1816/gal. September ULSD rose 2cts to $2.3875/gal, and August ULSD was up 2.7cts at $2.4165/gal.

Goldman Sachs raised its crude oil price forecast for this year's H2, as the market shifts focus from recession worries to possible supply disruptions and concerns about Russian constraints.

London: Oil prices rose today, hitting their highest level in three weeks. Brent crude futures rose 89 cents, or 1.3 percent, to USD 71.25 a

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S. tariffs and possible further sanctions on Russia were also in focus.

Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising global supply concerns.

Oil prices ended up on Friday, posting a weekly rise as investors assessed market outlook and the potential implications of US tariffs on global econo

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.