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U.S. warns China of 100% tariffs over Russian oil purchases
Chinese officials responded that Beijing would protect its energy sovereignty. Bessent also expressed U.S. dissatisfaction ...
EU Russia sanctions add fuel to red-hot global diesel market
New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since ...
Threats of Additional Sanctions on Russian Energy Exports Support Crude Oil
September WTI crude oil (CLU25 ) today is up +0.97 (+1.45%), and September RBOB gasoline (RBU25 ) is up +0.0399 (+1.90%).
WTI holds near $69.00, five-week highs, following Trump’s renewed threat to Russia
Traders await the US Federal Reserve (Fed) interest rate decision later in the day. The US Fed is widely expected to leave its benchmark interest rate unchanged at 4.25% to 4.50% in July. Markets are ...
Ukrinform2d
Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion
With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit the ...
Oil jumps as Trump shortens Russia's deadline to end Ukraine war, US-EU trade deal spurs demand optimism
Oil futures jumped 2% as investors bet that Trump's comments on Russia could result in sanctions on Russian oil that might ...
It's Not Tariffs or War Driving Oil and Gas Prices Now. It's OPEC and the Weather
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
OilPrice.com10d
OPEC Is Playing The Long Game
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...
OPEC: African oil will squeeze American oil out of Europe if Russia does not return
Africa is and will be the largest supplier of oil to Europe until 2035, if the market of the countries The EU will not return Russian raw materials. This is stated in the OPEC forecast until 2050.