Saturday 18 Jan

Russia

Oil prices surge on new US sanctions against Russia
2025/01/14

Oil prices surge on new US sanctions against Russia

Oil prices surged to a four-month high on Tuesday as Chinese and Indian buyers sought alternative suppliers following the latest round of stringent US sanctions...

Gazprom downplays impact of new US sanctions
2025/01/12

Gazprom downplays impact of new US sanctions

Russian energy giant Gazprom has dismissed the latest round of US sanctions as ineffective, stating they will not disrupt its operations. The company condemned these...

European gas prices surge amidst Ukraine Transit Deal uncertainty
2024/12/24

European gas prices surge amidst Ukraine Transit Deal uncertainty

Natural gas prices in Europe have surged for the third consecutive day, fueled by anxieties surrounding the impending expiration of the crucial Russian-Ukrainian gas transit...

Two Russian tankers damaged, cause oil spill in Black Sea
2024/12/16

Two Russian tankers damaged, cause oil spill in Black Sea

Two Russian oil tankers were severely damaged, and one person died after a powerful storm struck the Black Sea, causing an oil spill in the...

KSA, Russia, Iraq emphasize need for stable oil markets
2024/11/27

KSA, Russia, Iraq emphasize need for stable oil markets

Saudi Arabia, Russia, and Iraq, three key OPEC+ nations, convened in Baghdad to discuss energy markets ahead of the alliance's crucial end-of-year meeting.

OPEC+ to hold virtual meeting this week
2024/11/26

OPEC+ to hold virtual meeting this week

The OPEC+ alliance, led by Saudi Arabia and Russia, is set to hold its scheduled meeting this week virtually. This marks the third consecutive online...

Bloomberg exposes secret Iranian oil shipping network to China
2024/11/23

Bloomberg exposes secret Iranian oil shipping network to China

A clandestine fleet of aging vessels has emerged as a key player in the global oil trade, approximately 40 miles east of the Malaysian peninsula....

Brent crude climbs above $71 as oil prices rise slightly
2024/11/18

Brent crude climbs above $71 as oil prices rise slightly

Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...