oil and gas

Image for India's Russian oil imports up slightly in January-June, data shows
Headlines

India's Russian oil imports up slightly in January-June, data shows

By Nidhi Verma NEW DELHI (Reuters) -India's oil imports from Russia rose marginally in the first hal...

16th July, 2025

Image for Russian oil price in roubles has stayed below the 2025 budget target
Finance

Russian oil price in roubles has stayed below the 2025 budget target

MOSCOW (Reuters) -The average Russian oil price calculated in roubles has stayed below the federal b...

16th July, 2025

Image for Oil settles down; build in US fuel inventories offsets signs demand growing
Finance

Oil settles down; build in US fuel inventories offsets signs demand growing

By Colleen Howe BEIJING (Reuters) -Oil prices rose on Wednesday on expectations of steady demand in...

16th July, 2025

Image for OPEC says world economy may do better in second half of year
Finance

OPEC says world economy may do better in second half of year

By Alex Lawler LONDON (Reuters) -OPEC said the global economy may perform better than expected in th...

15th July, 2025

Image for Oil slips as Trump's 50-day deadline for Russia eases supply fears
Headlines

Oil slips as Trump's 50-day deadline for Russia eases supply fears

By Anjana Anil (Reuters) -Oil prices edged down on Tuesday as the market digested U.S. President Don...

15th July, 2025

Image for Freight rates fall for Russian Urals oil, but new sanctions may change that, traders say
Headlines

Freight rates fall for Russian Urals oil, but new sanctions may change that, traders say

MOSCOW (Reuters) -Freight rates for Russian oil shipments from the Baltic Sea ports to India have fa...

14th July, 2025

Image for Serbia seeks fifth US sanctions waiver for Russian-owned oil firm NIS, minister says
Headlines

Serbia seeks fifth US sanctions waiver for Russian-owned oil firm NIS, minister says

BELGRADE (Reuters) -Talks between Belgrade and the United States over postponing sanctions against R...

14th July, 2025

Image for OPEC projects 'very strong' third-quarter oil demand, followed by tight balance, RIA reports
Headlines

OPEC projects 'very strong' third-quarter oil demand, followed by tight balance, RIA reports

MOSCOW (Reuters) -OPEC, which along with its allies is ramping up oil output, expects "very strong"...

14th July, 2025

Image for Oil falls as Trump gives Russia 50 days to avoid new sanctions
Headlines

Oil falls as Trump gives Russia 50 days to avoid new sanctions

By Florence Tan SINGAPORE (Reuters) -Oil prices nudged higher on Monday, adding to gains of more tha...

14th July, 2025

Image for EU envoys near agreement on lower Russian oil price cap
Headlines

EU envoys near agreement on lower Russian oil price cap

By Julia Payne BRUSSELS (Reuters) -European Union envoys are on the verge of agreeing an 18th packag...

13th July, 2025

Image for European Commission proposes Russian oil price cap 15% below global price
Headlines

European Commission proposes Russian oil price cap 15% below global price

BRUSSELS (Reuters) -The European Commission proposed on Friday a floating price cap on Russian oil o...

11th July, 2025

Image for Shell gets permission to drill off South Africa's west coast
Finance

Shell gets permission to drill off South Africa's west coast

CAPE TOWN (Reuters) -Shell has been granted environmental authorisation to drill up to five deep-wat...

11th July, 2025