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Oil prices fall 3% for the week amid Trump-Putin agreement on meeting

Oil prices are down 3% for the week. This comes amid uncertainty over global supplies after Trump and Putin agreed to meet on the war in Ukraine.

Economy • October 17, 08:02 AM • 3681 views
Oil prices rose after Trump's statement about India's promise to stop buying from Russia

Oil prices rose by 1% after Donald Trump's statement about India stopping purchases of Russian oil. Brent futures rose to $62.45, WTI to $58.84.

Economy • October 16, 05:19 AM • 3702 views
Oil recouped some price losses due to US-China tensions

Oil prices rose after hitting a five-month low, as investors hope for talks between the US and Chinese presidents. This could ease trade tensions between the world's two largest economies.

Economy • October 13, 05:58 AM • 3393 views
Oil prices fell further after a 1.6% drop amid Israel-Hamas deal

Brent crude futures fell 7 cents to $65. 15 a barrel, while U.S. WTI crude fell 2 cents to $61.49. This happened after Israel and Hamas agreed on the first phase of a plan to end the war in Gaza.

Economy • October 10, 05:20 AM • 3882 views
Russia's oil revenues fell by a fifth - Bloomberg

Russia's oil revenues in September fell by 20% compared to last year, amounting to 483. 5 billion rubles. This is due to falling world oil prices and a strengthening ruble.

News of the World • October 3, 01:57 PM • 4492 views
Oil prices rise after falling amid fears of sanctions against Russia

Brent and WTI crude futures rose by 0. 31% and 0.32% respectively, after falling for the previous three sessions. The increase is due to the potential tightening of sanctions on Russian oil and WTI approaching the $60 support level.

Economy • October 2, 07:49 AM • 2820 views
India's imports of Russian oil decreased after pressure from Washington - Bloomberg

Deliveries of Russian oil to India decreased in September amid negotiations with the US, amounting to 1. 61 million barrels per day. This is 16% lower than last year's figures, although Russian oil still accounts for about a third of India's total imports.

Economy • October 1, 07:11 AM • 4751 views
Oil prices fall amid oversupply fears due to OPEC+ plan

Oil prices fell on Tuesday due to an expected increase in OPEC+ production and the resumption of exports from Iraqi Kurdistan. Brent futures for November delivery fell to $67.43 per barrel, while US WTI crude traded at $62.95 per barrel.

Economy • September 30, 05:19 AM • 3749 views
Oil shows largest weekly gain in three months amid Russia's fuel export cuts

Oil prices rose, reaching their highest weekly gain since June, due to attacks on Russian energy infrastructure, which led to a reduction in fuel exports and a decrease in oil production. Brent futures rose to $69.55 per barrel, and WTI to $62.22 per barrel.

Economy • September 26, 06:10 AM • 3789 views
Oil prices rise for second consecutive day amid shrinking US inventories

Brent crude futures rose to $67. 82 a barrel, while WTI rose to $63.62. The price increase is due to a decrease in oil inventories in the US and the cessation of exports from Iraqi Kurdistan.

Economy • September 24, 05:19 AM • 3834 views
Oil prices rise on expectations of new EU sanctions against Russia

Oil prices are rising after a three-week decline on expectations of new EU sanctions against Russia and Ukrainian attacks on infrastructure. November Brent futures reached $67.06, and WTI — $63.02.

Economy • September 22, 07:01 AM • 4453 views
Oil prices rise: OPEC+ decision and new sanctions risks from Russia push prices up

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.

Economy • September 9, 06:37 AM • 4399 views
Oil prices rise: possible new sanctions against Russia and OPEC+ decisions affect the market

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.

Economy • September 8, 06:19 AM • 4130 views
Oil prices fall for third straight session on rising supply and inventories - Reuters

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.

Economy • September 5, 06:25 AM • 5542 views
Oil prices fall, but weekly gains persist

Oil prices fell on Friday due to expectations of lower demand in the US. However, weekly gains persist amid uncertainty regarding Russian supplies.

Economy • August 29, 05:19 AM • 3613 views
Oil prices fall as market weighs end of US summer season and India's supply problems

Oil prices fell due to investors' assessment of demand prospects in the US and possible changes in supply. This is due to the US imposing strict tariffs on India over the import of Russian oil.

Economy • August 28, 05:10 AM • 4806 views
Oil prices stabilize as market watches Ukraine war and US tariffs on India

Oil prices stabilized on Wednesday after falling, as the market watched the war in Ukraine. Investors were assessing the imposition of high US tariffs on India.

Economy • August 27, 05:24 AM • 3117 views
Oil prices fall after 2-week high amid developments in Russia's war against Ukraine

Brent and WTI oil prices fell after a rise caused by fears of fuel supply disruptions. Traders expect stronger US sanctions against Russian oil and are monitoring the consequences of tariffs imposed against India.

War in Ukraine • August 26, 06:52 AM • 4029 views
Oil prices rose amid supply concerns after hits in Russia

Oil prices rose sharply due to fears of disruptions in Russian oil supplies after hits on Russian territory. Expectations of lower interest rates in the US also positively affected global growth and fuel demand forecasts.

Economy • August 25, 05:57 AM • 4543 views
Oil prices rise: Brent reaches new high

Brent crude futures rose to $67. 11 per barrel, and WTI to $63. The increase is driven by high demand in the US and uncertainty regarding the war in Ukraine.

Economy • August 21, 05:45 AM • 3757 views
Indian state-owned oil refineries increase purchases of Russian oil despite US criticism - Bloomberg

Indian state-owned oil refineries have resumed purchases of Russian Urals oil after a short break. This comes despite criticism from American officials and threats of sanctions.

News of the World • August 20, 03:41 PM • 4137 views
Oil market freezes in anticipation of results of peace talks on Ukraine

Global oil prices remained largely unchanged, as investors monitor peace talks surrounding Ukraine, which could impact the energy market. Brent and WTI futures saw slight gains, while the market remains uncertain due to the unlikelihood of a swift resolution to the conflict.

Economy • August 20, 06:29 AM • 3296 views
China increased purchases of Russian oil amid Trump's threats to India - Bloomberg

Chinese refineries increased purchases of Russian Urals oil, taking advantage of India's refusal of preferential batches due to Washington's increased trade tariffs. Urals exports to China almost doubled in August, while they significantly decreased to India.

Economy • August 19, 09:33 AM • 3564 views
Oil prices stabilized amid easing concerns about supplies from Russia after the Trump-Putin meeting

Oil prices were little changed after falling earlier in trading. The US did not put further pressure on Russia to limit oil exports after the leaders' meeting.

Economy • August 18, 06:14 AM • 3331 views
World trade to grow by 0.9% in 2025: WTO forecast

The World Trade Organization has revised its forecast for global merchandise trade in 2025, expecting a 0. 9% increase. This update was made possible by increased imports to the US, but new tariffs could negatively impact trade in 2026.

Economy • August 16, 05:44 AM • 5058 views
Oil continues to rise ahead of Trump-Putin summit

Oil prices rose to a new weekly high. This happened after Trump's threats to Russia and strong economic data from Japan.

Economy • August 15, 05:29 AM • 7939 views
Oil prices rise ahead of US-Russia summit

Oil prices rose on Thursday amid expectations of a US-Russia summit on Ukraine. Brent futures rose to $65.87, and WTI to $62.85.

Economy • August 14, 05:25 AM • 2847 views
Russia faces difficulties: India's reduction in oil purchases leads to financial losses - SVR

Russia is facing financial difficulties due to India's reduction in oil purchases. Moscow is offering Urals oil to China at a discount, but Beijing will not be able to fully compensate for the lost volumes.

Economy • August 13, 06:10 PM • 7473 views
International Agency Forecasts Sharp Drop in Oil Prices in 2026

The International Energy Agency forecasts a sharp drop in oil prices in 2026 due to oversupply and declining demand. The price of a Brent barrel could fall to $58, which will affect the cost of gasoline.

Economy • August 13, 12:09 PM • 3848 views
Oil prices rise amid continued US-China tariff truce

Oil prices rose on Tuesday after the extension of the US-China tariff truce. This eased fears about the impact of the trade war on fuel demand.

Economy • August 12, 05:48 AM • 3393 views