Oil was steady ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. ›

Oil headed for a fourth straight weekly gain ahead of President-elect Donald Trump’s second term, with traders seeking clarity on far-reaching sanctions and trade policies. ›

Russia claimed it damaged ground infrastructure of one of the largest natural gas storage sites in Ukraine’s Lviv region during a series of attacks with drones and missiles on the country’s energy sector. Ukraine said gas flows weren’t interrupted.

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Oil held a powerful, early-year advance on mounting concerns about risks to global supplies, and as commercial crude inventories in the US posted their longest run of declines since 2021. ›

European natural gas prices fluctuated amid reports that the European Union is considering phasing out Russian LNG as part of a fresh package of sanctions. ›

Oil rebounded after dropping by the most in more than a month, as the impact of US sanctions against Russian flows continued to reverberate, and an industry report pointed to lower US stockpiles. ›

Oil swung near a five-month high on threats to global supplies posed by harsher US sanctions against Russian flows and potential trade tariffs from the incoming Trump administration. ›

Oil rallied to the highest level in more than four months as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies, sowing confusion among key importers in Asia. ›

European natural gas prices are poised for the first weekly decline since mid-December as concerns about market supply ease. ›

Oil headed for a third weekly gain — set for the best run since July — as signs of market tightness, including falling US stockpiles, offset concerns about demand weakness in top importer China. ›