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Oil up on US inventory drop, market cautious amid Iran-Israel truce uncertainty

- Sharper than expected drop in US crude inventories points to strong demand, while geopolitical risks keep traders on edge

26.06.2025 Oil

US crude oil inventories down by 1.4% for week ending June 20

- Daily crude oil production increased to around 13.44 million barrels per day

26.06.2025 Oil

Trump calls for keeping oil prices down amid surge following US strikes on Iran

- US president warns against playing into 'enemy's hands' as prices surge following attacks Trump ordered on Iranian nuclear facilities

23.06.2025 Oil

Iran retaliation would be 'worst mistake' ever made, warns US secretary of state

- Marco Rubio says Tehran completely 'vulnerable' after US nuclear strikes

23.06.2025 Nuclear

Russia condemns 'unprovoked' Israeli, US bombing of Iranian nuclear sites

- 'Washington, yet again, demonstrated its complete contempt for the position of the international community,' Vassily Nebenzia tells UN Security Council

23.06.2025 General

US oil rig count down by 1 for week ending June 20

- Number of US oil rigs fall by 46 compared to one year ago

21.06.2025 Oil

Russia, Kazakhstan agree on nuclear power plant roadmap

- Russian atomic energy corporation Rosatom to lead international consortium tasked with building a large-capacity nuclear power plant

20.06.2025 Electricity

Russia says strike on Iran's Bushehr plant may lead to 'catastrophe comparable to Chernobyl'

- Such a strike would be 'beyond line between good and evil,' says Rosatom head, adds state corporation monitoring situation at Bushehr plant, safety of Russian specialists

20.06.2025 General

US crude oil inventories down by 2.7% for week ending June 13

- Daily crude oil production increased to around 13.43 million barrels per day

19.06.2025 Oil

UK unveils new set of sanctions targeting Russia’s oil, military, financial networks

- Among most high-profile targets are 20 oil tankers linked to what has been referred to as Russian President Putin’s 'shadow fleet'

18.06.2025 General

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EU proposes banning LNG gas imports from Russia by end of 2027

- 'This will help the EU become more energy independent, improve the security of the energy supply, and boost the Union's energy independence and competitiveness,' says EU Commission

17.06.2025 Natural Gas