Oil settles at 3-week high as more Russia sanctions loom

Quick Summary:

Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the US could boost fuel demand.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: ChinaDemand /Business/ OPECStrategy FedRateCut GlobalOilMarket SanctionsImpact CrudeSurge Commodities OilPrices

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 06:27:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 145 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24404198

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 26 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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