Tue, 21-Oct-2025

G7 talks on fresh Russian sanctions are driving up oil prices

oil

Brent crude futures rose 2.56, or 2.3%, to $115.68 a barrel by 1:56 p.m. ET (1756 GMT). U.S. West Texas Intermediate crude was up $2.51, or 3.3% at $110.14 a barrel. Both crude benchmarks closed down for the second week in a row on Friday as interest rate hikes strengthened the dollar and fanned fears … Read more