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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 • 4091 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 • 5508 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 • 3592 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 • 4763 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 • 3093 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 • 3990 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 • 4500 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 • 3720 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 • 4089 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 • 3259 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 • 3533 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 • 3288 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 • 5012 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 • 7913 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 • 2824 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 • 7371 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 • 3816 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 • 3371 views
Oil prices fall amid expectations of US-Russia talks on war in Ukraine

Brent and WTI oil prices fell in Asian trading due to expectations of talks between the US and Russia regarding the war in Ukraine. The possible lifting of sanctions on Russian oil increases pressure on the market.

Economy • August 11, 05:34 AM • 4424 views
Oil prices approach largest weekly losses since June

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.

Economy • August 8, 05:30 AM • 21856 views
Indian refineries refuse to buy Russian oil due to Trump's pressure - media

Indian state-owned oil refineries are suspending spot purchases of Russian crude oil. This comes amid increased pressure from Washington and the imposition of tariffs on Indian exports.

Economy • August 7, 05:08 PM • 6335 views
Oil prices rose 1% after five-day decline

Oil prices rose 1% after US inventories fell and exports increased. Macroeconomic uncertainty due to US tariffs on Indian goods limits growth.

Economy • August 7, 05:32 AM • 2922 views
Oil prices recover amid Trump's threats to Russian oil buyers

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.

Economy • August 6, 05:45 AM • 3609 views
Oil prices fall amid rising supply and demand concerns

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.

Economy • August 5, 05:37 AM • 32204 views
Oil prices show instability due to threat of supply disruption from Russia

Oil prices barely changed as fears of tariffs' impact on demand balanced the threat of supply disruption from Russia. Brent and WTI futures rose slightly, but are expected to increase by 4.9% and 6.4% respectively by the end of the week.

Economy • August 1, 06:56 AM • 5445 views
Oil prices rise amid Trump's new stance on Russia and his tariff threats - Reuters

Oil prices rose after Donald Trump's statement about introducing measures against Russia and tariff threats to countries trading Russian oil. Brent futures rose to $72.09, and WTI to $69.97.

Economy • July 30, 06:02 PM • 5210 views
Oil prices fall amid economic concerns and anticipation of Fed decision

Brent and WTI crude futures fell after the US-EU trade deal, which averted a full-scale trade war. The market awaits the US Federal Reserve's decision on interest rates and negotiations between the US and China.

Economy • July 29, 05:21 AM • 4417 views
Oil prices rise amid strengthening trade optimism over US-EU deal

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.

Economy • July 28, 05:30 AM • 5311 views
Brent oil price reached a weekly high

Oil prices rose on Friday amid optimism about trade talks, which supported the prospects for the global economy and oil demand. Brent futures reached $69.38 per barrel, WTI - $66.23.

Economy • July 25, 07:23 AM • 3820 views
Oil prices stabilized after falling amid US-Japan trade deal

Brent and WTI crude futures edged lower after three sessions of declines. This happened amid a US-Japan agreement and discussions of sanctions against Russian oil, which affects global trade sentiment.

Economy • July 23, 09:55 AM • 5372 views