Aramco Q3 results: Saudi oil giant posts $26.9 billion profit; lower crude prices weigh, beats analyst estimates
Saudi Aramco announced a third-quarter net profit of $26.9 billion. This figure is slightly lower than last year. Global crude prices impacted earnings. The company’s ...
Trump hits bulls’s eye with US sanctions? Why India, China may stop buying Russian oil – explained
US President Donald Trump’s sanctions on Russia’s Rosneft and Lukoil may compel India and China to halt crude imports. While tariffs proved insufficient, these sanctions ...
Global oil prices: Trump’s sanctions on Russian firms trigger sharp rise; Brent crude futures soar nearly 5%
US sanctions on Russia’s top oil companies, Lukoil and Rosneft, triggered a sharp rise in oil prices. This, coupled with robust US energy demand and ...
‘Putin wasn’t ‘honest’: US imposes sanctions on Russian oil firms; Scott Bessent reveals why Donald Trump was ‘disappointed’
The United States is imposing significant sanctions on Russia’s top oil firms, Rosneft and Lukoil, due to President Putin’s perceived lack of honest engagement in ...
‘It’s a process’: Donald Trump claims India will stop buying Russian oil by year end – watch
US President claims India will significantly reduce its Russian oil purchases by year-end, stating it’s a gradual process. He also discussed China’s relationship with Russia, ...
UK targets Russia’s oil chest: 90 new sanctions hit Rosneft, India’s Nayara Energy & more; move aims to choke Kremlin’s war funding
The UK has imposed 90 new sanctions on Russia’s oil sector and Indian firm Nayara Energy Limited to disrupt Moscow’s war funding. The measures target ...
India’s oil demand growth fastest in world, unfettered by green push: BP
India’s oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it ...
Adani Power tops India’s private thermal sector: Morgan Stanley report gives ‘overweight’ rating; earnings set to triple by 2033
Adani Power Limited (APL) has emerged as India’s largest private coal-based power producer with 18,150 MW capacity across 12 plants. Morgan Stanley projects APL’s market ...
Nayara Energy trade: Russia-backed refinery exports first gasoline shipment after EU sanctions; diesel shipment to follow
Despite EU sanctions imposed in July, Russian-linked Nayara Energy has exported its first gasoline shipment, with the vessel Tempest Dream carrying 43,000 metric tons to ...
OPEC+ to raise oil production by 547,000 bpd; move aimed at reclaiming market share
The Voluntary Eight (V8) members of OPEC+ have agreed to increase oil production by 547,000 barrels per day starting September 2025, aiming to regain market ...
