US eases curbs on Lukoil outlets outside Russia; exemption valid till April 2026
US authorities have temporarily eased sanctions on Lukoil-branded fuel stations outside Russia, allowing them to operate until April 2026. This move impacts stations in the ...
Asian shares rebound as rate-cut optimism lifts tech stocks; crude holds steady
Asian stocks surged Tuesday, driven by strong expectations of a December US Federal Reserve rate cut following dovish comments from Fed officials. Technology shares led ...
Trump sanctions a ‘crude’ shock! Russia oil shipments to India drop by 66%; experts expect ‘noticeable drop’ in near term
US sanctions on Russian oil giants Rosneft and Lukoil have significantly impacted India’s crude imports, with shipments plummeting by 66% in November. Refineries are now ...
Asia stocks slip as rate cut hopes fade; crude prices retreat after Russian exports resume
Asian markets opened lower as US rate cut expectations dwindled and tech valuations raised concerns. Bitcoin also dipped below its year-end level. Japan’s economy contracted, ...
Asian stocks rise as US shutdown nears end; oil prices stay under pressure
Asian stocks advanced for a second day as US lawmakers neared a resolution to the government shutdown, boosting global market sentiment. While the US budget ...
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 ...
‘India, China scaling back Russian oil imports at Trump’s request,’ claims US – watch
White House press secretary Karoline Leavitt stated that India has reduced Russian oil imports at President Trump’s request, with China also scaling back purchases. Trump ...
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 ...
S&P Global warns! Taking out Russian oil would turn price dynamics ‘upside down’; Trump tariffs driving India to economic independence
S&P Global forecasts oil prices dropping to $55-60 a barrel next year, though removing Russian oil could fundamentally alter market dynamics. Surprisingly, high US tariffs ...
Asian stocks advance as yen weakens; oil prices edge higher after Opec+ move
Asian markets saw a positive start to the week, led by Tokyo’s surge following Prime Minister Ishiba’s resignation, which weakened the yen and boosted exporters. ...
