Biden Administration Fires Parting-Shot Sanctions at Russia’s Energy Sector
Washington now has freer hand in restricting Russian oil amid predictions of a global glut.
Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Analysis: Can oil continue its rally? Demand concerns loom ahead
Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Russia Says It Cut Crude Oil Output Below OPEC+ Target in December
Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...
Iraq, UAE gain as India’s Russian oil imports slip to 12-month low in Dec amid Moscow’s high domestic demand
Indian refiners cumulatively imported nearly 649,000 bpd of Saudi Arabian crude in December, up 4.4 per cent sequentially.
India increases crude imports from Middle East as Russian supply declines further
As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...
Russia’s Crude Shipments Tumble to the Lowest in 16 Months
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...