# Oil steadies as U.S. seen unlikely to sanction Russian exports

> Brent settled unchanged at $96.84 after hitting $99.50, its highest since September 2014, on Tuesday. WTI ended up 19 cents at $92.10 as traders assessed that the US was unlikely to sanction Russian oil exports.

- Date: 2022-02-23 · published 2022-02-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42859-oil-steadies-as-u-s-seen-unlikely-to-sanction-russian-exports
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expectations that Russian crude exports will not be sanctioned limit upside in crude, though the market remains elevated on the broader supply risk.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-pulls-back-view-western-sanctions-russia-wont-choke-supply-2022-02-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.