What's Affecting Oil Prices This Week? (July 1, 2024)

Stratas Advisors expects price movements in the coming week to be dampened because of economic and political uncertainty.

Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk

Proposed U.S. legislation known as "NOPEC" could open OPEC up to anti-trust lawsuits, which complicates plans for an OPEC+ format that would've included Russia, the country's energy minister says.