Oil Futures Return to Structure Signalling Tight Supply on Russia Sanctions
(Reuters) – The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a…
India Poised to Sharply Cut Russian Oil Imports After U.S. Sanctions
Summary U.S. imposes sanctions on Russian producers Rosneft, Lukoil India is biggest buyer of seaborne Russian oil since Ukraine war Russian oil purchases a key Trump irritant in India trade…
Trump’s Russian Oil Sanctions Gambit Will Test His Tolerance for Pain: Bousso
Oil prices gained over 5% following news of the sanctions, with traders fearing a drop in global oil volumes. Rosneft and Lukoil collectively produce roughly 5% of global oil supplies,…
Oil Rises Nearly 5% Before Retreating on Fresh US Sanctions Against Russia
Summary US slaps sanctions on Rosneft, Lukoil over Ukraine war Indian refiners reviewing their Russian oil purchases US crude, fuel stocks down on strong refining and demand (Reuters) – Oil…
Williams Pumps $1.9 Billion into Woodside’s Louisiana LNG Venture
U.S.-based Williams will spend $1.9 billion on the development of LNG facilities and a pipeline for Australian gas producer Woodside Energy’s $17.5 billion liquefied natural gas project in Louisiana, the…
US Hits Top Russian Oil Companies Rosneft and Lukoil With Sanctions
The U.S. Treasury Department said it was prepared to take further action as it called on Moscow to agree immediately to a ceasefire in Russia’s war in Ukraine, which began…
Trump Says He Sees Trade Deal With Xi, Will Discuss Russian Oil Purchases
A deal was also possible on nuclear arms, he said, noting that Russian President Vladimir Putin had raised the possibility of a de-escalation on nuclear weapons and China could be…
