October 25, 2025 2:10 PM

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Oil Prices Dip on US Sanctions, But Post Strong Weekly Gains

Oil prices fell yesterday but posted strong gains for the week. Skepticism crept into the market after the US sanctions on Russia's two biggest oil companies, Rosneft and Lukoil. These two companies together account for more than five per cent of global oil output.     Yesterday, Brent crude futures...