---
title: "Oil falls as US sanctions hit Russian crude"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-11-18T11:13:09+00:00"
modified: "2025-11-18T11:13:09+00:00"
date: 2025-11-18
canonical: "https://www.share-talk.com/oil-falls-as-us-sanctions-hit-russian-crude/"
category: "Blogs"
categories: ["Blogs", "Energy"]
tags: ["Brent Crude", "crude", "Kremlin", "Lukoil", "Rosneft", "Russia", "UK", "USA", "West Texas Intermediate"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/08/russia-oil.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Oil falls as US sanctions hit Russian crude

**Published:** November 18, 2025
**Author:** sharetalk
**Categories:** Blogs, Energy
**Tags:** Brent Crude, crude, Kremlin, Lukoil, Rosneft, Russia, UK, USA, West Texas Intermediate
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/08/russia-oil.webp?fit=1200%2C800&quality=80&ssl=1)

---

Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.

**Brent crude** eased **0.5pc to below $64 a barrel**, while **West Texas Intermediate** dipped under **$60**, with traders bracing for what many expect to be a worldwide surplus next year. The International Energy Agency has warned that 2026 could bring a **record global oversupply**, as Opec and its allies pump more to defend market share.

Fresh **US sanctions on Russia** are adding to the downward pressure. The Kremlin’s flagship crude has tumbled to its **lowest level in more than two years**, just days before sanctions come into force against major producers **Rosneft** and **Lukoil**.

Saxo Bank analysts summed up the mood:“Oil prices retreated following Monday’s rebound, pressured by a broader risk-off tone as traders evaluate the impact of a widening global surplus and US sanctions on Russia, which have pushed the country’s flagship crude to a steep **$23.5 discount to Brent**.”

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