EU pushes for floating price cap on Russian oil to undercut Kremlin revenues
The European Commission has proposed a floating price cap on Russian oil that would adjust quarterly to stay…
Oil Steadies as Traders Weigh Trump’s Russia Statement,
(Bloomberg) — Oil steadied after falling more than 2% on Thursday as traders shifted focus toward a planned…
Oil and Gas Pipeline Safety Cases Plunge in First Months of
(Bloomberg) — US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low…
Russia Launches Record Drone Attack On Ukraine After Trump Pledges More Weapons
KYIV, July 9 (Reuters) – Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President…
Top Indian Refiner Sees Oil Prices Stabilizing in the $65-70 Range
By Charles Kennedy – Jul 07, 2025, 10:00 AM CDT
IndianOil expects crude oil prices to remain…
Thailand to Offer US More Trade Concessions to Avert 36%
(Bloomberg) — Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the…
Europe Can Cope With Ban on Russian Gas, TotalEnergies CEO
(Bloomberg) — Europe will be able to withstand the proposed ban on Russian gas imports by the European…
Trump Dispatches Vance to Hill to Secure GOP Votes for Tax
(Bloomberg) — Vice President JD Vance and Senate Republican leaders worked late Saturday to persuade reluctant holdouts to…
Israel Orders Reopening of Biggest Gas Field After Ceasefire
(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce with…
Shipping on High Alert in Mideast After US Strikes on Iran
(Bloomberg) — The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate…
Israel-Iran conflict effect? India ramps up crude oil imports from Russia, US in June 2025
India has increased its crude oil purchases from Russia and the United States in June 2025, as the…
Japan Boosts Effort to Curb Methane Leaks From LNG Supply
(Bloomberg) — Japan is strengthening efforts to curtail methane emissions from liquefied natural gas as it sticks with…