Oil Declines as Trump Tariff Threats Overshadow Russia Sanctions
Oil edged lower after President Donald Trump threatened tariffs on China and the European Union, while traders continued to assess the fallout from unprecedented US sanctions on Russia.
Oil Economist Verleger Says Biden's Russia Sanctions Will Raise Oil Prices -- OPIS
Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and gasoline prices, petroleum economist Philip Verleger said in an online commentary earlier this week.
Russia's Baltic Oil Shipments Drop 10% After EU sanctions
EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow fleet and raising concerns about the condition of vessels operating in the region.
Ukraine Says Trump's Sanctions Threat Sends 'Strong Signal' to Russia
Ukraine praised U.S. President Donald Trump on Thursday for threatening to impose tariffs and sanctions on Russia if it refuses to make a deal to end the war in Ukraine and said the comment sent a "strong signal".
Oil set for weekly decline as investors weigh Trump energy policies
Oil prices steadied on Friday but were set for a weekly fall after U.S. President Donald Trump announced sweeping plans to boost U.S. production, while demanding that OPEC moves to lower crude prices.
Putin Says He’s Ready to Discuss Oil, Energy Issues With Trump
Russian President Vladimir Putin said he’s ready to discuss crude oil prices and other energy issues at a face-to-face meeting with US leader Donald Trump.
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...
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Russia Intent On Defying New U.S. Sanctions on Its Oil Industry
Russia’s Foreign Ministry said that the U.S. move “represents an attempt to inflict damage on the Russian economy at any cost ...
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Russia’s Energy, Financial and Defense Sectors Are the Focus of the Last Round of Sanctions Under Biden
In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive ...
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Russia says it will continue oil and gas projects despite US sanctions
The measures constituted the broadest U.S. package of sanctions so far targeting Russia’s oil and gas revenues, part of measures to give Kyiv and the incoming administration of Donald Trump ...
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
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Russia Faces Higher Costs on Sea-Borne Oil Exports Due to New US Sanctions
Russia Faces Higher Costs on Sea-Borne Oil Exports Due to New US Sanctions By Vladimir Soldatkin MOSCOW (Reuters) - Sweeping U.S. sanctions on Russia's oil industry will make it more ...
Indian refiners seek crude after US sanctions disrupt Russia oil supply
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...
Putin Calls Trump 'Smart', Warns On Oil Price Threat
Russian President Vladimir Putin on Friday praised Donald Trump as "pragmatic" and "smart", saying he did not believe the US president would force global oil prices lower in a bid to damage Moscow.