OPEC

Brent crude futures fell 0. 1% to $68.39 a barrel, and WTI fell 0.1% to $64.4. This happened after prices rose 1% due to fears of supply disruptions from Russia and expectations of a Fed rate cut.

Brent and WTI crude futures rose amid drone attacks on Russian refineries and growing fuel demand in the US. Investors are assessing the consequences of the attacks on oil and fuel exports from Russia.

OPEC maintained its oil demand forecasts for 2025-2026, indicating global economic growth. This decision supports the cartel's optimism regarding stable energy prices.

Brent and WTI oil prices fell amid rising crude oil and gasoline inventories in the US, which exacerbates the risks of oversupply. Weak demand and a slowing US economy are putting pressure on oil markets, despite geopolitical risks.

Ukrainian UAV attacks on Russian oil refineries caused a gasoline shortage in Russia and increased crude oil exports. This led to an increase in global refining profitability, especially in the US.

Oil prices rose after OPEC+'s decision to increase production less significantly and rumors of new sanctions against Russia. Brent and WTI rose to $66.37 and $62.58 per barrel, respectively.

The European Union is considering a 19th round of sanctions that could affect Russian banks, energy companies, and oil trade. Restrictions may affect payment systems, cryptocurrency exchanges, and oil traders from third countries.

On August 8, oil prices rose by more than 1% due to the threat of new sanctions against Russian exports. OPEC+ is increasing production slower than expected, supporting price growth.

Brent and WTI crude futures fell amid expectations of increased OPEC+ output and rising US crude inventories. This led to weekly losses for the first time in three weeks.

The net profit of Russian Rosneft in the first half of 2025 fell by 68% to 245 billion rubles. This happened due to oil overproduction by OPEC countries and falling prices.

European natural gas prices are rising as optimism for an end to Russia's war against Ukraine wanes. This is happening amid the difficulty of reaching a peace agreement and preparations for the upcoming heating season.

OPEC raised its forecast for global oil demand in 2026 by 100,000 barrels per day, to 1. 38 million barrels per day. At the same time, the forecast for supply growth from non-OPEC+ countries decreased, especially due to the expected reduction in US shale oil production.

Oil prices were little changed on Friday but are heading for their biggest weekly losses since late June due to new US tariffs. Investors are concerned about the impact of the tariffs on the global economy and oil demand.

Brent and WTI crude futures rose 0. 6% after falling to a five-week low. This happened amid fears of supply disruptions due to US threats to impose tariffs on India for buying Russian oil.

In July, revenues from oil sales to the Russian state budget decreased by 33% compared to last year. This happened due to the fall in world oil prices and the strengthening of the national currency.

Brent and WTI crude futures fell amid concerns about OPEC+'s oversupply and a weak demand outlook. This is the fourth consecutive decline for both contracts, which reached their lowest level in a week.

Indian Oil Corp purchased 7 million barrels of crude oil from the US, Canada, and Abu Dhabi for September delivery. This happened after a suspension of Russian oil purchases, partially replacing its volumes.

China refused to stop purchasing oil from Iran and Russia, citing national energy interests. Beijing stated that coercion and pressure would not succeed.

Oil prices fell after OPEC+'s decision to increase production by 547,000 barrels per day in September. However, fears of disruptions to Russian oil supplies to India due to possible US sanctions limited losses.

Brent and WTI crude futures rose after the US reached a trade agreement with the EU and may extend the tariff pause with China. This dispelled fears about the negative impact of tariffs on economic activity and fuel demand.

Oil prices rose on Wednesday on expectations of sustained summer demand in the US and China. Brent and WTI futures rose, reversing a two-day decline.

Kazakhstan increased oil production by 11. 6% in the first half of 2025, reaching 49.9 million tons, exceeding OPEC+ quotas. The country does not plan to withdraw from OPEC+, despite difficulties in adhering to quotas due to the expansion of the Tengiz field.

Oil prices rose by more than 2% due to expectations of new US sanctions against Russia. Increased production by Saudi Arabia and uncertainty with tariffs limit price growth.

Russia's revenues from oil and petroleum product sales in June decreased by almost 14% compared to last year, amounting to $13. 57 billion. This happened amid a decline in global oil prices and almost unchanged oil production in Russia.

Oil prices rose after Trump's statement about possible sanctions against Russia, but fears about tariffs and increased OPEC+ production limited the growth. Brent and WTI futures rose, partially recovering from the fall.

The volume of Russian seaborne oil supplies fell to 3. 12 million barrels per day, the lowest figure since February 2025. This reduction is explained by a faster increase in refinery processing compared to production.

OPEC+ countries plan to approve a significant increase in oil production in September, completing the phased unwinding of voluntary cuts. The United Arab Emirates will also receive a larger production quota.

Oil prices fell after OPEC+ increased production by 548,000 barrels per day in August, exceeding expectations. Uncertainty regarding US tariffs also affected demand.

OPEC+ countries decided to accelerate the increase in oil production in August by 548 thousand barrels per day. Eight participating countries, including Saudi Arabia and Russia, confirmed their commitment to compensation and compliance with the Declaration of Cooperation.

Brent and WTI oil prices fell amid Iran's reaffirmation of commitment to nuclear non-proliferation and expectations of increased OPEC+ production. The US plans to resume nuclear talks with Iran next week.