Brent crude futures fell 7 cents to $64. 33 a barrel. U.S. West Texas Intermediate crude futures fell 7 cents to $60.08.
The Russian authorities are preparing a reform of electricity tariffs, which will lead to price increases for the population. This will save 160 billion rubles at the expense of vulnerable segments of the population.
An oil depot in Novospassk, Ulyanovsk region, Russia, has been attacked, local public pages confirm. The attack on the NS-Oil JSC facility is ongoing.
US President Donald Trump will tighten sanctions against Russia to force Putin to the negotiating table to end the war in Ukraine. US Ambassador to NATO Matthew Whitaker said this is just the beginning of pressure on the Russian Federation.
The European diesel fuel market is experiencing price increases due to US sanctions against Russian oil companies and refinery disruptions. The premium of diesel futures compared to Brent crude oil contracts has reached a 20-month high.
In Khmelnytskyi, the search continues for a woman born in 1973 under the rubble of a building where an explosion occurred. Various versions of the explosion are being considered, including the detonation of an explosive device; 32 residents will need to be relocated.
On October 29, electricity supply restrictions will be in effect in certain regions of Ukraine from 08:00 to 22:00. The reason is the consequences of Russian attacks on energy facilities.
The heating season has begun in Ukraine, and heat has already been supplied to 13 regions. Kyiv, Poltava, and Sumy are joining the heating system, despite enemy attacks on energy facilities.
In Rio de Janeiro, at least 20 people, including two police officers, have died during a large-scale operation against organized crime. This event occurred just days before international events related to the global climate summit COP30.
President of Ukraine Volodymyr Zelenskyy instructed to ensure 100% financing of gas imports, of which 70% has already been accumulated. The Ministers of Foreign Affairs and Energy are to implement agreements with Germany, Norway, Italy, the Netherlands, and the European Commission regarding the financing and supply of equipment for electricity generation.
Norway, the Netherlands, and European Commission President Ursula von der Leyen are forming a coalition to support Ukraine's energy sector. The Netherlands will also allocate 25 million euros for energy support.
President Zelenskyy stated that the Netherlands is ready to become the first country to open a tribunal against Russian war criminals. The Dutch Foreign Minister also announced the allocation of 25 million euros to Ukraine for energy support.
Today, Ukrenergo repairmen work in conditions of increased danger, because the enemy often deliberately strikes at brigades that go to facilities damaged after an attack. Basic life-saving skills are simply necessary in such a case.
The Netherlands will allocate 25 million euros in financial aid to Ukraine for energy support. This was stated by the country's Foreign Minister, David Van Weel, during a briefing in Kyiv.
The average daily volume of oil transshipment from Russian ports in the four weeks to October 26 was 3. 72 million barrels, which is 70 thousand barrels less. The decline is due to weather conditions and a reassessment of purchasing plans after US sanctions.
Ukrenergo CEO Vitaliy Zaichenko reported that the third level of protection has not been implemented at any of the company's facilities. At one of the facilities, protection level 2+ has been introduced, which involves concealing control systems underground.
Minister of Foreign Affairs and Trade Péter Szijjártó was in Minsk on Tuesday, where he used Russian in his speech during the Eurasian conference. The Budapest representative met with the head of the Russian Foreign Ministry, after which he announced Russia's openness to a summit with the United States.
The US government, Brookfield Asset Management, and Cameco Corporation have entered into a strategic partnership with Westinghouse Electric Company. The goal is to revitalize America's nuclear industry, build new reactors, and ensure energy independence.
Kyiv will start the heating season in the housing stock from October 29 due to lower temperatures and to save energy. The deployment of the heating system will take up to 7 days.
Chinese company Shandong Yulong Petrochemical is increasing imports of Russian oil to compensate for supply disruptions after the imposition of sanctions by Great Britain. The plant plans to purchase 15 batches of Russian oil in November, which will be a record volume.
The European Union has significantly increased imports of diesel and jet fuel from other countries, preparing for restrictions on petroleum products produced from Russian crude oil. From October 1 to 20, almost 1.9 million barrels of fuel arrived at EU ports, which could become a monthly record.
The US provided a letter acknowledging that Rosneft's operations in Germany were fully separated from the Russian parent company.
The heating season has begun in residential buildings in Ukraine, with 13 regions already connecting to heat supply. Over 55% of social infrastructure facilities, including kindergartens and educational institutions, have already been connected to heat.
President of Ukraine Volodymyr Zelenskyy stated that "Shaheds" have in some places become more dangerous than ballistic missiles, as all available air defense assets must be used to shoot them down. In November, Ukraine plans to reach 500-800 interceptors per day.
Tonight, the enemy attacked civilian gas infrastructure facilities of the Naftogaz Group in Poltava region. This is already the seventh targeted attack since the beginning of October, no one was injured.
Law enforcement officers detained Volodymyr Kudrytskyi, the former head of "Ukrenergo," for large-scale fraud. He is suspected of involvement in a 2018 scheme to embezzle UAH 13.7 million during the reconstruction of substation fences.
President Volodymyr Zelenskyy announced that heating in Ukraine will officially begin on October 28. He also noted that 70% of the funds needed for gas imports have been found.
The State Bureau of Investigation announced a new suspicion against businessman Ihor Hrynkevych and detained former head of "Ukrenergo" Volodymyr Kudrytskyi. The case concerns a 2018 contract for the reconstruction of substation fences worth over UAH 68 million, under which an advance payment of UAH 13.7 million was transferred, but the work was not performed.
Indian state-owned refineries are considering continuing to purchase discounted Russian oil, relying on smaller suppliers after US sanctions against major energy giants. Companies are awaiting government guidance and evaluating options, as four sanctioned companies accounted for over 80% of India's Russian oil imports in 2024.
The State Bureau of Investigation announced another suspicion against businessman Ihor Hrynkevych. Former head of "Ukrenergo" Volodymyr Kudrytskyi was also detained in Lviv region.
