Brent tops 4107/b on renewed sanctions spree


Oil futures rose on Wednesday as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in U.S. crude stockpiles and Shanghai's extended lockdown.

Brent crude futures were up 78 cents, or 0.7%, at $107.42 a barrel as of 1242 GMT. U.S. West...