Brent gained 43 cents to $66.98 a barrel, WTI rose 42 cents to $63.21 a barrel.

India’s imports of Russian crude are on track to hit 2.15 million barrels a day in April, the biggest monthly volume since May 2023, according to data from Kpler. Shipments have climbed since tumbling to a 14-month low in February.

The ministry envisages in its baseline scenario of economic forecasts for 2025 that the average price for Brent will be at $68 per barrel, down from the $81.7 per barrel it assumed in its September forecasts,

Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.

Brent slipped $1.10, or 1.6%, to $66.86 a barrel, WTI was at $63.57 a barrel, down $1.11, or 1.7%.

The potential for a ‘rebound’ or ‘return’ of Russian pipeline gas supplies to the European market has gained significant traction in the mainstream media

Brent rose 55 cents, or 0.8%, to $66.40 a barrel , WTI was at $63.13 a barrel, up 66 cents, or 1.1%.

The two sides discussed cooperation within the OPEC+ framework and the energy sector, including electricity, hydropower and renewables. Three coal-fired thermal power plants will be built in Kazakhstan in the cities of Kokshetau, Semey and Ust-Kamenogorsk, and two power units at Ekibastuz TPP-2 will be renovated with the involvement of Russian specialists.

Joint Indian-Russian operators are already managing the countries second airport at Hambantota, which is being repositioned as a tourist arrivals hub from East Asia. Sri Lanka is a member of the SAARC trade bloc, and has also applied to join the BRICS.

Much of Russia’s trade and investment with Ecuador is agriculture based – the country is the primary supplier of bananas to Russia.