All publications by tag «OIL»
2025, August, 5, 06:40:00
U.S. ENERGY FOR EUROPE: UNREALISTIC $750 BLN
Private companies import most of Europe's oil, while a mix of private and state-run companies import gas. The European Commission can aggregate demand for LNG to negotiate better terms, but cannot force companies to buy fuel. That is a commercial decision.
2025, August, 5, 06:35:00
RUSSIAN OIL FOR INDIA
Oil traders and shipping companies have been waiting for direction from New Delhi on whether supplies from Moscow will be allowed to continue after US President Donald Trump last week threatened punitive action to curb trade with Russia.
2025, August, 5, 06:30:00
U.S., CHINA, IRAN SANCTIONS
Among the sanctioned entities is the Zhoushan Jinrun Petroleum Transfer Co., a China-operated oil terminal located within the greater Zhoushan port area.
2025, July, 30, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $69
Brent rose 8 cents, or 0.12%, to $71.81 a barrel, WTI gained 8 cents, or 0.12%, to $69.29 a barrel.
2025, July, 30, 06:50:00
OPEC+ RUSSIA: OVERALL CONFIRMITY
The Committee reiterated the critical importance of achieving full conformity and compensation, and requested countries that did not achieve full conformity to submit updated compensation plans to the OPEC Secretariat by 18 August 2025.
2025, July, 30, 06:45:00
GLOBAL ENERGY DEMAND: +23%
Global primary energy demand is set to rise from 308 million barrels of oil equivalent (mboe/d) in 2024 to 378 mboe/d in 2050.
2025, July, 30, 06:40:00
RUSSIA, JAPAN SANCTIONS
Japanese oil refiner Taiyo Oil Co. is transporting Russian crude oil to Japan for the first time in two years—on the tanker Voyager, which is blacklisted by the EU and the US Treasury Department.
2025, July, 30, 06:35:00
RUSSIA,NIGERIA ENERGY COOPERATION
Novak cited Nigeria as a promising partner for Russia in Africa, saying, “Our joint work within OPEC+ renders a decisive contribution to ensuring stability and predictability of the global oil market.
2025, July, 30, 06:25:00
U.S. ENERGY FOR EUROPE $750 BLN
After meeting the president in the resort to finalize the deal, European Commission President Ursula von der Leyen confirmed the EU and the US will increase their "energy cooperation."
2025, July, 3, 06:10:00
BRICS OIL CONTRACTS
The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets.