BP, Shell tick up as oil prices surge on Russian sanction fears
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BP and Shell shares increased as oil prices surged due to fears of new US sanctions against Russia.
January 10, 2025 | 4:00 pm
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Shell's stock price increased as oil prices surged due to potential new US sanctions against Russia.
Shell's stock is directly impacted by changes in oil prices. The fear of new US sanctions on Russia has led to a surge in oil prices, positively affecting Shell's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80