Oil falls 2% as investors weigh Russia sanctions, OPEC+ output plans
Yahoo Financeยท2025-10-28 16:24
By Georgina McCartney HOUSTON (Reuters) -Oil prices slipped about 2% on Tuesday and were on track for a third straight day of declines as investors considered the impact of U.S. sanctions against Russia's two biggest oil companies on global supply, along with a potential OPEC+ plan to raise output. Brent crude futures were down $1.36, or 2.1%, to $64.26 a barrel at 11:48 a.m. EDT (1548 GMT). U.S. West Texas Intermediate crude futures were down $1.29, or 2%, at $60.02. Brent and WTI last week registered ...