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Oil Prices Edge Higher as Traders Brace for Russian Sanctions Deadline
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices have partially recovered from a 2% drop, driven by concerns over Russian sanctions and supply risks, with Brent and WTI futures increasing by 0.25% and 0.29% respectively.
Market Impact
Market impact analysis based on bullish sentiment with 78% confidence.
Sentiment
Bullish
AI Confidence
78%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil prices moved higher in early Asian trade on Thursday, with benchmarks partially recovering from a nearly 2% drop in the previous session. Markets are weighing a mix of demand softness and supply-risk developments, with the looming sanctions deadline for Russian oil helping to keep prices up. At the time of writing, Brent futures had climbed by about 16 cents, or 0.25%, to $63.67 a barrel, while U.S. West Texas Intermediate rose around 17 cents, or 0.29%, to $59.42 a barrel. Today's modest price increase followed a plunge on Wednesday after…
Original article published by
OilPrice.com
on November 20, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.