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US oil rig count up by 2 for week ending Oct. 24

- Number of US oil rigs down by 60 compared to one year ago

25.10.2025 Oil

China slams EU over fresh Russia sanctions, says dialogue 'only viable way' out of Ukraine war

- ⁠Beijing's reaction comes just after EU placed fresh sanctions on Chinese entities due to ongoing war in Ukraine

23.10.2025 Oil Energy Diplomacy

Zelenskyy welcomes new US sanctions on Russia’s oil giants

- Ukrainian leader says move sends ‘strong and much-needed message’ that 'prolonging the war and spreading terror come at a cost'

23.10.2025 Oil Energy Diplomacy

Brent crude rises over 2% after US sanctions on Russian oil giants

- US includes Rosneft, Lukoil, and dozens of affiliates on its sanctions list, citing "a serious lack of commitment" by Moscow to advancing peace talks

23.10.2025 Oil

EU lauds US move to sanction major Russian oil companies

- ‘With the imminent adoption of the EU’s 19th package (of sanctions), this is a clear signal from both sides of the Atlantic that we will keep up collective pressure on the aggressor,’ says Ursula von der Leyen

23.10.2025 Oil

US imposes new sanctions on Russia’s top oil firms over war in Ukraine

- 'Now is the time to stop the killing and for an immediate ceasefire,' says Treasury Secretary Scott Bessent

23.10.2025 Oil

US crude oil inventories down 0.2% for week ending Oct. 17

- Commercial crude stocks fall by 1 million barrels, defying market expectations for build, while gasoline inventories decline

23.10.2025 Oil

Oil prices rise as Ukraine war, US-China talks shape market outlook

- Lower US crude stocks signal tightening supply, while trade optimism supports demand

22.10.2025 Oil

Oil prices edge up on easing US-China trade tensions

- Optimism over potential trade deal supports prices, but weak demand outlook limits gains

21.10.2025 Oil

Russia confirms ongoing oil exports to India

- Russia continues oil exports as New Delhi asserts its energy policies serve national consumer interests

20.10.2025 General

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Trump says India's Modi promised to halt Russian oil purchases

- US president warns that India would continue to face ‘massive tariffs’ if it doesn’t stop buying Russian crude

20.10.2025 General

Oil prices fell on surplus fears, softer US-China trade tone

- Prices extend last week's losses as investors weigh emerging supply surplus

20.10.2025 Oil

US oil rig count remains unchanged for week ending Oct. 17

- Number of US oil rigs down by 64 compared to one year ago

18.10.2025 Oil

Oil edges higher after Trump says India will halt buying Russian oil

- Renewed uncertainty over US-China trade policies continues to put downward pressure on prices

16.10.2025 Oil

Russia warns that UK sanctions will backfire

- New measures against Rosneft and Lukoil will ‘boomerang’ and harm ordinary Britons, says Russia’s London embassy

16.10.2025 Oil

US expects Japan to stop buying Russian energy: Treasury secretary

- Treasury Secretary Scott Bessent meets with Japanese Finance Minister Katsunobu Kato to discuss plans for mobilizing Japan’s strategic investment in US

16.10.2025 Energy Diplomacy

Trump says India's Modi agreed to stop purchasing Russian oil

- 'He's not buying his oil from Russia. It started. You know, you can't do it immediately. It's a little bit of a process, but the process is going to be over with soon,' says US president

16.10.2025 Oil