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Oil Rises to a Five-Month High as Fresh U.S. Sanctions on Russia's Exports Squeeze Supply
Oil Prices Are on a Tear. It's a Short-Term Headache for Inflation
WTI Crude Surges Above US$78, Targeting US$80 Resistance
USA sanctions against Russia have led to a tightening of transportation capacity, causing a surge in tanker freight rates.
Ship brokers and traders have stated that after the USA expanded sanctions on Russian oil trade, tanker freight rates have skyrocketed.
The arrangement for Trump's inauguration ceremony has been announced: it is expected to cost 0.037 million dollars per minute.
① The inauguration activities of the president-elect Trump in the USA have been announced, including an official party, a MAGA rally, and a large fireworks display, with multiple events taking place at Trump's golf course outside Washington, D.C. ② Trump's inaugural committee has raised over $0.17 billion, expected to reach $0.2 billion, spending $0.037 million per minute, far exceeding the record of $8,600 per minute set during Obama's first inauguration.
Wells Fargo Maintains Occidental Petroleum(OXY.US) With Hold Rating, Maintains Target Price $53
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