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

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

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

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

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

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

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

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 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

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

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

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

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

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Oil edges higher after Trump says India will halt buying Russian 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

Oil slips on oversupply concerns and renewed US-China trade tensions

Oil slips on oversupply concerns and renewed US-China trade tensions

- Global oil supply is forecast to expand by 3 million bpd this year to 106.1 million bpd, followed by a 2.4 million bpd increase next year

15.10.2025 General

IEA revises global oil demand growth forecast downward

IEA revises global oil demand growth forecast downward

- IEA cut its 2025 oil demand growth forecast to 710,000 bpd from 740,000 bpd

14.10.2025 Oil

Oil falls on US-China trade uncertainty, easing Middle East tensions

Oil falls on US-China trade uncertainty, easing Middle East tensions

- Demand worries deepen as tariff threats persist, geopolitical risk premium fades

14.10.2025 Oil

OPEC crude oil production up by 524,000 barrels per day in September

OPEC crude oil production up by 524,000 barrels per day in September

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

13.10.2025 Oil

Oil prices climb as US-China trade tensions escalate after tariff threats

Oil prices climb as US-China trade tensions escalate after tariff threats

- Prices rebound after US President threatened 100% tariffs on Chinese goods following China's tighter rare-earth export controls

13.10.2025 Oil

US oil rig count down by 4 for week ending Oct. 10

US oil rig count down by 4 for week ending Oct. 10

- Number of US oil rigs fall by 63 compared to one year ago

11.10.2025 Oil

Oil heading for slight weekly loss as markets weigh Gaza ceasefire

Oil heading for slight weekly loss as markets weigh Gaza ceasefire

- Despite volatility, oil expected to remain range-bound in short term

10.10.2025 Oil

Oil prices fall on Gaza cease-fire deal despite new US sanctions on Iran

Oil prices fall on Gaza cease-fire deal despite new US sanctions on Iran

- Truce between Israel and Hamas reduce fears of supply disruptions in oil-rich Middle East

10.10.2025 Oil

US crude oil inventories rise 0.9% for week ending Oct. 3

US crude oil inventories rise 0.9% for week ending Oct. 3

- Commercial crude stocks increase by 3.7 million barrels, surpassing market expectations, while gasoline inventories decline

09.10.2025 Oil

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EIA raises oil price forecasts for 2025, 2026

EIA raises oil price forecasts for 2025, 2026

- US agency projects 2025 averages at $68.64 for Brent and $65 for WTI, with prices expected to fall from year-end into 2026

08.10.2025 Oil

Cautious OPEC+ output hike continues to support oil prices

Cautious OPEC+ output hike continues to support oil prices

- OPEC+'s measured output hike offset concerns over a potential supply surplus

07.10.2025 Oil

Oil prices rise on persistent Fed rate cut expectations, Russia-Ukraine tensions

Oil prices rise on persistent Fed rate cut expectations, Russia-Ukraine tensions

- OPEC+ raises production as projected, easing supply concerns and limiting oil price gains

06.10.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in November

OPEC+ eight members to raise output by 137,000 bpd in November

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to slightly increase supply as part of phased return of earlier voluntary cuts, OPEC statement says

05.10.2025 Oil

US oil rig count down by 2 for week ending Oct. 3

US oil rig count down by 2 for week ending Oct. 3

- Number of US oil rigs fall by 57 compared to one year ago

04.10.2025 Oil

Oil heads for weekly loss on US stock build, OPEC+ supply outlook

Oil heads for weekly loss on US stock build, OPEC+ supply outlook

- Markets slump on OPEC+ supply expectations and US crude build, with G7 sanctions and Ukraine war risks offering limited support

03.10.2025 Oil

Oil rises on supply worries, OPEC+ meeting in focus

Oil rises on supply worries, OPEC+ meeting in focus

- Fears of disruption to Russian energy exports push oil higher, though expectations of increased supply from OPEC+ limit gains

03.10.2025 Oil

Oil inches up as G7 pressure on Russia offsets US stock build

Oil inches up as G7 pressure on Russia offsets US stock build

- US crude inventories rise more than expected last week, signaling softer demand and keeping oil prices in check

02.10.2025 Oil

US crude oil inventories rise 0.4% for week ending Sept. 26

US crude oil inventories rise 0.4% for week ending Sept. 26

- Oil output edges up, remains above 2025 forecast

02.10.2025 Oil

Oil edges up as US demand supports prices, OPEC+ allays supply fears

Oil edges up as US demand supports prices, OPEC+ allays supply fears

- US crude stocks fall 3.67 million barrels, signaling firm demand in world’s largest consumer

01.10.2025 Oil

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