Oil on Track for Weekly Gains Despite US Sanctions Waiver on Russian Oil

Summary US puts forward measures aiming to ease supply tightness Disruption of trade through Strait of Hormuz continues Goldman expects Brent will average over $100 a barrel in March (Reuters) – Oil prices dipped on Friday, but were on track for weekly gains as ​Gulf disruptions from the Middle East conflict outweighed U.S. and International … Read more