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US crude oil inventories rise 2.4M barrels, defying forecasts

US crude oil inventories rise 2.4M barrels, defying forecasts

- Daily crude oil production rises to around 13.42 million barrels per day

05.09.2025 Oil

Rosatom chief vows support for China’s nuclear expansion

Rosatom chief vows support for China’s nuclear expansion

- Corporation head says Beijing aims to surpass US in installed nuclear capacity with Russian help

03.09.2025 Nuclear

US sanctions Iraqi oil network accused of covertly smuggling Iranian oil

US sanctions Iraqi oil network accused of covertly smuggling Iranian oil

- 'By targeting Iran’s oil revenue stream, Treasury will further degrade the regime’s ability to carry out attacks against the United States and its allies,' says Treasury secretary

03.09.2025 Oil

India says negotiating trade pact with US

India says negotiating trade pact with US

- 'Unfortunate that certain important countries have chosen to forego the agenda of sustainability,' says Indian Commerce Minister Piyush Goyal

02.09.2025 General

Türkiye boosts hydrocarbon drive with 55 drilling rigs, including new domestically built towers

Türkiye boosts hydrocarbon drive with 55 drilling rigs, including new domestically built towers

- Homegrown technology strengthens bid to cut foreign energy dependence

02.09.2025 Oil

Brent drops over $4 in August after three-month rally

Brent drops over $4 in August after three-month rally

- Brent crude ends August down 6% as concerns over weaker demand are compounded by Washington's decision to raise tariffs on Indian imports to 50%

31.08.2025 Oil

US oil rig count up by 1 for week ending Aug. 29

US oil rig count up by 1 for week ending Aug. 29

- Number of US oil rigs fall by 71 compared to one year ago

30.08.2025 Oil

US crude oil inventories down 0.6% for week ending Aug. 22

US crude oil inventories down 0.6% for week ending Aug. 22

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

28.08.2025 Oil

US to provide high-assay low-enriched uranium to 3 companies

US to provide high-assay low-enriched uranium to 3 companies

- 'We're reducing our dependence on foreign-sourced minerals while giving the private sector the boost it needs to succeed,' says US Secretary of Energy

27.08.2025 General

Brent crude dips on peace efforts,US-India tariff tensions

Brent crude dips on peace efforts,US-India tariff tensions

- Oil prices retreat as diplomatic efforts ease supply fears, while Trump's tariff decision on India and Fed turmoil shape market sentiment

27.08.2025 Oil

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Libya's NOC to host first US-Libya Energy Forum

Libya's NOC to host first US-Libya Energy Forum

- Event is designed to strengthen bilateral relations, attract US investment in Libya's oil and gas industry, and foster sustainable energy framework

25.08.2025 Oil

Brent posts 10.8% drop in 2Q25 on US tariffs, OPEC+ output hikes

Brent posts 10.8% drop in 2Q25 on US tariffs, OPEC+ output hikes

- Brent crude falls 10.8% from $74.55 in March to $66.46 in second quarter due to OPEC+ production increases and US reciprocity-based tariffs

24.08.2025 Oil

South Korea, US to discuss revising nuclear energy pact: Report

South Korea, US to discuss revising nuclear energy pact: Report

- Last revised in 2015 and valid until 2035, pact allows S.Korea to produce low-level enriched uranium with US consent

24.08.2025 Nuclear

US climate activists sue state of Wisconsin over fossil fuel policies

US climate activists sue state of Wisconsin over fossil fuel policies

- Plaintiffs challenge Wisconsin laws blocking climate impact review and renewable energy mandates

24.08.2025 General

US oil rig count down by 1 for week ending Aug. 22

US oil rig count down by 1 for week ending Aug. 22

- Number of US oil rigs fall by 72 compared to one year ago

23.08.2025 Oil

In response to US threats of higher tariffs, India says China 'biggest purchaser' of Russian oil

In response to US threats of higher tariffs, India says China 'biggest purchaser' of Russian oil

- External Affairs Minister Subrahmanyam Jaishankar says India's efforts aim to stabilize situation in global energy markets

21.08.2025 General

Moscow has 'special mechanism' to continue oil supplies to India amid US tariffs: Russian official

Moscow has 'special mechanism' to continue oil supplies to India amid US tariffs: Russian official

- Russian markets open to Indian goods amid US tariffs, says Russian deputy envoy in New Delhi

20.08.2025 Oil

South Korea's state-run nuclear power firm barred from North America, Europe over intellectual property dispute: Report

South Korea's state-run nuclear power firm barred from North America, Europe over intellectual property dispute: Report

- Korea Hydro & Nuclear Power president confirms South Korean company closed its operations in Poland

20.08.2025 General

Price slump wipes out over $24 billion of first-half profits for oil giants

Price slump wipes out over $24 billion of first-half profits for oil giants

- Earnings of world’s top 12 oil firms fall 19% to $103.9 billion

16.08.2025 Oil

US oil rig count up by 1 for week ending Aug. 15

US oil rig count up by 1 for week ending Aug. 15

- Number of US oil rigs fall by 71 compared to one year ago

16.08.2025 Oil

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US crude oil inventories up by 0.7% for week ending Aug. 8

US crude oil inventories up by 0.7% for week ending Aug. 8

- Daily crude oil production rises to around 13.33 million barrels per day

14.08.2025 Oil

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

- Full halt to Russian imports is improbable in near term however refiners are expected to gradually diversify supply, according to Kpler analyst

13.08.2025 Oil Finance

US energy agency revises down Brent price forecast for 2025

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $67.22 per barrel

13.08.2025 Oil

US oil rig count down by 1 for week ending Aug. 8

US oil rig count down by 1 for week ending Aug. 8

- Number of US oil rigs fall by 49 compared to one year ago

09.08.2025 Oil

US data centers' growing energy demand drives up electricity prices

US data centers' growing energy demand drives up electricity prices

- New investments in energy infrastructure to cool data centers running generative AI tools end up being passed on to end-consumers, resulting in price hikes

07.08.2025 Electricity

Trump's new US tariffs come into effect

Trump's new US tariffs come into effect

- US president signed executive orders last week to impose higher tariffs on over 67 countries

07.08.2025 General

Trump vows 'a lot more' secondary sanctions on nations that buy Russian oil after India hit

Trump vows 'a lot more' secondary sanctions on nations that buy Russian oil after India hit

- 'You're going to see a lot more. You're going to see so much secondary sanctions,' says US president

07.08.2025 General

US crude oil inventories down by 0.7% for week ending Aug. 1

US crude oil inventories down by 0.7% for week ending Aug. 1

- Daily crude oil production falls to around 13.28 million barrels per day

07.08.2025 Oil

US approves additional LNG exports to non-FTA countries

US approves additional LNG exports to non-FTA countries

- US Department of Energy has signed a final authorization for LNG exports to non-FTA countries

06.08.2025 Lng/Lpg

India to continue purchasing Russian oil: Report

India to continue purchasing Russian oil: Report

- Media reports follow US President Trump's remarks that India is no longer purchasing oil from Russia

03.08.2025 Energy Diplomacy

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