Top Oil Traders Say Sanctions Are Starting to Lift Crude Prices

Some of the world’s biggest oil traders said a surge in crude prices so far this year has been aided by key refiners turning away supplies from countries subject to...

By Alex Longley, Yongchang Chin, Archie Hunter · Bloomberg Markets

Some of the world’s biggest oil traders said a surge in crude prices so far this year has been aided by key refiners turning away supplies from countries subject to sanctions.