after earlier levying broader sanctions on Russian oil producers and tankers. Moscow's top customers are now scouring the globe for replacement barrels, while shipping rates also have surged.

after earlier levying broader sanctions on Russian oil producers and tankers. Moscow's top customers are now scouring the globe for replacement barrels, while shipping rates have surged too.

HOUSTON, Jan 16 (Reuters) - Oil prices settled lower on Thursday with ... Brent crude futures settled down 74 cents, or 0.9%, at $81.29 per barrel, after rising 2.6% in the previous session ...

global head of shipping research at Oil Brokerage. Middle East crude benchmarks rallied for a second session on Tuesday, with premiums for Dubai, Oman and Murban rising towards $4 a barrel to ...