Oil Prices Hit Highest Levels Since 2008 on Supply Fears
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/11/2026
- Wall Street ends higher as investors turn to earnings season
- Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz
- The real reason Meta shares are surging has nothing to do with its new AI model
- Stifel lifts Shopify to Buy, sees agentic commerce as next growth catalyst
- Delta Air Lines stock climbs on earnings beat and strong guidance
- Almonty Industries (ALM) PT Raised to $33 at DA Davidson
- JPMorgan analysts name top short ideas for third quarter 2026
- The real reason Meta shares are surging has nothing to do with its new AI model
- Wall Street ends higher as investors turn to earnings season
- AppLovin gains market share among e-commerce advertisers
Oil Spikes Higher on Potential Russian Import Ban
March 7, 2022 6:32 AM ESTOil is spiking higher this morning on three main headlines:
The Biden administration is considering coordinating a plan with Europe to ban Russian oil importsThe U.S. and Venezuela made little progress in talks to ease sanctionsRussia and China are putting fresh... MoreU.S., Venezuela discuss easing of sanctions, make little progress -sources
March 6, 2022 6:51 PM ESTBy Marianna Parraga, Vivian Sequera, Matt Spetalnick and Diego Oré
CARACAS/WASHINGTON (Reuters) -U.S. and Venezuelan officials discussed the possibility of easing oil sanctions on Venezuela but made scant progress toward a deal in their first high-level bilateral talks in years, five sources familiar with the matter said, as Washington seeks to separate Russia from one of its key allies.
Both sides used Saturday's meeting in Caracas to present what one of the sources described as "maximalist" demands, reflecting longtime tensions between the Western Hemisphere's main power and one of its biggest ideological foes.
... More