Brent fell 75 cents, or 1.1%, to settle at $66.89 a barrel, WTI dropped 81 cents, or 1.2%, to settle at $64.35.

Imports of goods from Russia in the first quarter of 2025 totaled 8.74 billion euros ($10.11 billion), down from 30.58 billion euros four years earlier. Since January 2022, the EU has imported 297 billion euros' worth of Russian goods.

Trump's threat to India over its purchases of Russian oil started on July 31, when he announced a 25% tariff for Indian goods, along with an unspecified penalty.

Calculations based on data from European gas transmission group Entsog showed that Russian gas exports via the TurkStream pipeline rose to 51.5 million cubic metres (mcm) per day in July from 37.6 mcm per day in June.

India’s evolving taxonomy should clearly define “resilient” activities, such as renewable-powered cold chains or flood-proof housing, to guide investors and policymakers.

Ожидаемый объём недополученных нефтегазовых доходов федерального бюджета прогнозируется в мае 2025 года в размере 12,3 млрд руб.

The growing connection between LNG exports and electricity markets in the U.S. is happening because of two long-term trends.

Ещё одной темой переговоров стала ситуация на нефтяном рынке и перспективы сотрудничества двух стран в рамках ОПЕК+.

The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation.

While strengthening oversight over Russian gas imports, the Proposal’s transparency and traceability measures place a significant burden on importers and other stakeholders, while risking regulatory overreach – particularly if over-zealously implemented – thus potentially increasing costs and preventing legitimate gas imports from entering the EU.

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.

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.

Among the sanctioned entities is the Zhoushan Jinrun Petroleum Transfer Co., a China-operated oil terminal located within the greater Zhoushan port area.

The communication is the latest move in Qatar's long-simmering frustration with the CSDDD. In December, al-Kaabi told a forum in Doha the legislation was "ridiculous" and threatened to pull LNG supply to the EU if it meant being subject to the law's penalties.

With rising power demand driven largely by the explosive growth in data center development and AI workloads, officials across the Energy Department, the White House and the Federal Energy Regulatory Commission made urgent calls for grid modernization, faster permitting and better cost allocation mechanisms.