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Crude Oil Gains Momentum Amid Geopolitical Shifts, Supply Changes
06 Jan 2025 12:51 GMT
The oil market has had a relatively strong start to the year on the back of a stronger physical market in the Middle East
Energy – Prices Off to a Strong Start
The oil market is off to a strong start in 2025 with ICE Brent trading above $76/bbl. This …
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Russia’s oil future dims as US mulls new sanctions
06 Jan 2025 18:26 GMT
… Russian oil exports, marking a significant escalation in efforts to curtail Moscow … involved in the transport of Russian crude oil — are set to accelerate the … .
The recent cessation of Russian gas transit through Ukraine, effective Jan. 1 …
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How Kyiv ‘weaponising’ natural gas in Russia-Ukraine War is bad gambit for Europe
06 Jan 2025 14:16 GMT
… Soviet era to carry the Siberian gas to European markets. … :
One, Energy Crisis in Moldova: Not a part of the … Before the commencement of the Russia-Ukraine war, Europe was substantially … products to Europe. These included crude oil and oil products, uranium …
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Azerbaijan’s oil trade with Croatia indicates growth
06 Jan 2025 13:51 GMT
Azerbaijan’s oil trade with Croatia … +04:00)
Azerbaijan has disclosed the amount of crude oil and oil products …
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Biden Administration Plans More Sanctions on Russian Oil Exports
06 Jan 2025 11:00 GMT
… an embargo on imports of Russian crude oil.
The Biden Administration is looking … to stifle Russia’s oil revenues and support Ukraine more ahead … U.S. cost of supporting Ukraine is too high.
The new … that fund the war in Ukraine.
The UK and the European …
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Despite getting discount, India is importing maximum crude oil from this Muslim nation, replacing Russia; not Saudi Arabia, Iran, UAE, the country is...
05 Jan 2025 15:51 GMT
… …
India imports most of its crude oil from Russia and Saudi Arabia, but … December, even as crude oil imports from Russia — India’s largest crude oil supplier– fell … world fifth largest supplier of crude oil. Russia retained its top spot as …
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Zelensky says Lukashenko apologized for missile strikes on Ukraine from Belarusian territory
06 Jan 2025 07:54 GMT
… start of Russia';s full-scale invasion of Ukraine, Belarusian President … Refinery, one of Belarus’s largest, processes primarily Russian crude oil. It is located … in the Gomel region, which borders Ukraine. …
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Will the U.S. produce more crude oil under Trump 2.0?
05 Jan 2025 10:45 GMT
… encourage increased U.S. crude oil production, reigniting debates over … CFRA Research.
U.S. crude oil production has already surged … the top crude oil producer globally, outpacing Saudi Arabia and Russia. This … of U.S.-produced crude oil decline by 43% since …
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Undersea cable off coast of Taiwan is 'damaged by Chinese ship' in latest worrying 'sabotage' incident after Russian vessels accused of cutting wires on purpose
05 Jan 2025 16:03 GMT
… Friday, just days after Russian vessels were accused of … news conference.
Eagle S crude oil tanker sailing under the flag … was ruptured in suspected Russian interference
The vessel was … over the war against Ukraine and operating without Western-regulated …
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2025: Crude oil prices set for second year fall
03 Jan 2025 20:05 GMT
… higher output next year.
Brent crude futures fell by seven cents … as of 1306 GMT. US West Texas Intermediate crude lost 4 cents, or … price shocks from Russia’s 2022 invasion of Ukraine began to … an immediate ceasefire in the Russia-Ukraine war, as well as the …
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