Oil spikes as US hikes sanctions on Russia & more
Oilholics Synonymous Report
JANUARY 13, 2025
Oil trading began on a much firmer footing this month, with Brent capping the $80 per barrel mark for the first time in three months on January 10. And, of course, factor in recent news of heightened US sanctions on Russia's oil exports. Many are also factoring in higher US production levels in 2025. Photo: Oil production site.
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