Russia’s Vital Oil Trade With India Is Down
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The United States itself still buys nuclear fuel from us for its own nuclear power plants. That is also fuel,” Russian President Vladimir Putin said during his first visit to India in four years.
Torbjörn Törnqvist is selling his stake in Gunvor after renewed scrutiny of the firm’s Russia ties.
The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil production.
By Georgina McCartney HOUSTON (Reuters) -Brent crude oil futures were flat on Friday while U.S. crude futures ticked higher as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated and traders kept an eye on Sunday's OPEC+ meeting for clues about potential output changes.
SINGAPORE: At least 10 entities tied to Singapore's maritime industry have been sanctioned by the United States over allegations of links to the Iranian oil trade.
The Maharani Freeport - which consists of three manmade islands off the coast of Muar - is targeting crude carriers plying the Straits of Malacca. But can it lure business from more established ports in the region?
Oil futures reversed course late in the session to end down in low-volume Black Friday trade.
17hon MSN
Bank of America says this corner of the market is the best 'run-it-hot' trade for investors in 2026
Bank of America thinks commodities are the top "run-it-hot" investment for 2026, thanks to factors like Trump's economic policies & higher inflation.
Putin's visit to India for the 23rd summit highlighted a new economic cooperation program aiming for $100 billion in trade by 2030. The partnership is set to enhance sectors like defense, energy, and manufacturing while addressing geopolitical challenges.