Markets28 October 2026
Oil rallies $4.64 in one week on U.S. sanctions targeting Russian supply chains
via OilPrice.com
WTI crude closed at $61.79, up $4.64 for the week and the strongest since early October, driven by U.S. sanctions on Russian oil networks. The largest single-day percentage gain since mid-June highlights market sensitivity to supply disruptions. Traders should monitor sanctions impact on energy and inflation-linked instruments.
Original source
OilPrice.com
Related stories
Markets28 October 2026
New Zealand dollar tumbles after RBNZ unexpectedly holds rates, Aussie gains on inflation data
Markets28 October 2026
Fed raises rates despite inflation, bond yields hold steady as recession fears linger
Markets27 October 2026
Fed Chair Warsh credibility questioned as markets reject rate stance
Markets27 October 2026