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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Oil prices fell on Friday due to expectations of lower demand in the US. However, weekly gains persist amid uncertainty regarding Russian supplies.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Oil prices rose to a new weekly high. This happened after Trump's threats to Russia and strong economic data from Japan.
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.
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.
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.
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.