Oil price
The paradox of the oil shock from Russia spreads around the world
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Oil prices decreased, but gasoline prices did not decrease at all. The reason lies in the "shock" of oil refining from Russia, creating a paradox that affects consumers around the world.
Risk of supply exceeding demand by 4 million barrels/day, OPEC+ temporarily slows production growth
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The OPEC+ oil alliance agreed to increase oil production slightly but was cautious about further steps.
Oil prices cool down, markets suspect US commitment to sanction Russia
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Oil prices cooled down after soaring, as the market was skeptical about the real effectiveness of Russian sanctions.
Russian oil prices below the 2025 budget target
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Russia's average oil price in rubles is still lower than the target in the federal budget in 2025.
US suddenly stands outside EU's plan to sanction Russia
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The US will not participate in the plan to lower the price ceiling for Russian oil in the 18th package of sanctions that the EU is discussing.
India counter-Western fireworks to buy Russian oil
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India has claimed to buy Russian oil to stabilize global oil prices, not as the West has accused.
After attacking Iran, Mr. Trump calls for keeping oil prices low
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US President Donald Trump urged action to avoid soaring oil prices following airstrikes on Iran.
Mr. Trump blocks EU's plan to sanction Russian oil
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The EU's new effort to lower the Russian oil price cap has unexpectedly encountered a major obstacle from US President Donald Trump.
Iran- Israel tensions could push oil prices up to $300/barrel
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Tensions between Iran and Israel and the risk of closing the Hormuz Strait could cause oil prices to skyrocket to $300/barrel.
Oil prices increase immediately after Israel's surprise attack
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Israel's attack on Iran on June 12 caused oil prices to increase by more than 7% and negatively affected some world financial markets.
Russia warns of new explosive device that disrupts the global oil and gas market
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Russia warns of unpredictable consequences for the global oil and gas market if the EU lowers the Russian oil price cap and sanctions Nord Stream.
Losing the European market, all-out sanctions, Russia's Gazprom still makes huge profits
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Russian oil and gas giant Gazprom announced a net profit of 15 billion USD in 2024 despite being sanctioned and losing a large part of the European market.
EU threatens to launch double punches on Russia, both Nord Stream and oil prices
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The European Union (EU) is considering launching a "double fist" on Russia, both permanently banning Nord Stream and lowering the price cap on oil prices.
Sacrificiaries in the US tariff War
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The US oil and gas industry is said to have been dragged into as a "mitigating object" in President Donald Trump's tariff war.
Mr. Trump predicts the impact of falling oil prices on the outcome of the conflict in Ukraine
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US President Donald Trump said that both Russia and Ukraine are looking to end the conflict. The plummeting oil prices have also caused Russia to lean towards a peaceful solution.
