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Oil prices rise on Trump’s sanction threat on Russia; oversupply to weigh on sentiments

Invezz Friday, 11 July 2025 ()
Oil prices rise on Trump’s sanction threat on Russia; oversupply to weigh on sentimentsOil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, which hinted at potential additional sanctions on the significant oil-producing nation.  However, concerns about tariffs and increasing output from OPEC+ limited these gains. Prices recoup some of Thursday’s losses At the time of writing, the price of West […]
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