Tuesday, May 27, 2025
Oil inches up as investors await Trump’s actions on Russian oil, Iran- oil and gas 360

Oil inches up as investors await Trump’s actions on Russian oil, Iran

(Investing) – Oil edged up on Monday, with investors cautious after U.S. President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and warned Iran of possible military action if it did not agree to a deal over its nuclear program. The more active June Brent crude futures was up 43 cents, or 0.59%, at $73.19 a barrel by 1322

What are the issues in US talks with Ukraine and Russia?- oil and gas 360

What are the issues in US talks with Ukraine and Russia?

(BOE Report) – U.S. and Russian officials began talks in Saudi Arabia on Monday aimed at making progress towards a broad ceasefire in Ukraine with Washington eyeing a separate Black Sea maritime ceasefire deal before securing a wider agreement. The talks, which followed U.S. negotiations with Ukraine in Saudi Arabia on Sunday, come as U.S. President Donald Trump intensifies his

Putin advances strategic aims while ceding little to Trump- oil and gas 360

Putin advances strategic aims while ceding little to Trump

(BOE Report) – Vladimir Putin has edged closer to his goal of repairing Russia’s relations with the United States and driving a wedge between the U.S. and Europe, while offering only a slim contribution towards Donald Trump’s peace efforts in Ukraine. Before Tuesday’s long phone call between the two presidents, the U.S. side had said it would seek Russia’s agreement

Oil prices extend gains after Gaza strikes; Ukraine talks eyed- oil and gas 360

Oil prices extend gains after Gaza strikes; Ukraine talks eyed

(Investing) – Oil prices rose Tuesday amid rising tensions in the Middle East, with traders awaiting news from the Ukraine ceasefire discussions between U.S. President Donald Trump and his Russian equivalent Vladimir Putin. At 08:15 ET (12:15 GMT), Brent Oil Futures expiring in May rose 1.3% to $72.00 per barrel, while West Texas Intermediate (WTI) crude futures also gained 1.4% to $68.32 per barrel. Both

Oil set to close week stable as investors mull path to Ukraine ceasefire- oil and gas 360

Oil set to close week stable as investors mull path to Ukraine ceasefire

(Investing) – LONDON -Oil prices were stable on Friday after a more than 1% loss in the previous session, as investors weighed the diminishing prospects of a quick end to the Ukraine war that could bring back more Russian energy supplies to Western markets. Brent crude futures were up 26 cents, or 0.37%, to $70.14 a barrel at 1322 GMT, after settling

A note on the news - Decision time: For Europe – and others- oil and gas 360

A note on the news – Decision time: For Europe – and others

(Oil & Gas 360) – After World War II, the US established a new “rules-based liberal international order” dominated by new “liberal democracies”.  That system with its democracies is crumbling – right on schedule.  As I have written previously, democracies vote for their own destruction; they typically last less than a century.  The post-WWII democracies are now 75 to 80

Oil holds at two-month low amid rising US fuel inventories, Russia-Ukraine talks- oil and gas 360

Oil holds at two-month low amid rising US fuel inventories, Russia-Ukraine talks

(Investing) – NEW YORK -Oil prices held at two-month lows on Wednesday as a surprise build in U.S. fuel stockpiles signalled demand weakness and a potential peace deal between Russia and Ukraine continued to weigh on prices. Brent crude was down 31 cents, or 0.42%, at $72.71 a barrel by 11 a.m. EST (1600 GMT) and U.S. West Texas Intermediate crude oil futures fell

OPEC+ risks losing control with more output delays: Bousso- oil and gas 360

OPEC+ risks losing control with more output delays: Bousso

(BOE Report) – OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near future? They may well opt to again delay the crucial moment to keep prices steady, but they increasingly risk losing control of the market. The Organization of

Oil prices steady as traders await progress on push for Ukraine peace deal- oil and gas 360

Oil prices steady as traders await progress on push for Ukraine peace deal

(Investing) – LONDON – Oil prices steadied on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq. Brent futures were down 6 cents, or 0.1%, at $74.37 barrel by 1302 GMT while U.S. West Texas Intermediate crude futures declined by 14 cents, or 0.2%,

Rubio says U.S. could ease sanctions only if Russia noticeably changes behavior- oil and gas 360

Rubio says U.S. could ease sanctions only if Russia noticeably changes behavior

(Oil Price) – The United States will not lift any sanctions on Russia unless Moscow noticeably changes its behavior, U.S. Secretary of State Marco Rubio told European leaders in a call after the U.S.-Russia meeting in Riyadh. European leaders are concerned that they are being left out of talks and of the apparent major pivot in U.S. foreign policy after the

Oil prices on track for weekly rise amid supply disruptions- oil and gas 360

Oil prices on track for weekly rise amid supply disruptions

(Investing) – Oil prices fell on Friday, but were on course to secure a weekly gain, as traders eyed supply chain disruptions in Russia and a drawdown in U.S. gasoline and distillate stockpiles. Brent oil futures had fallen by 0.8% to $75.86 per barrel as of 08:05 ET (13:05 GMT), while West Texas Intermediate (WTI) crude futures had slipped by 0.9% to $71.85 per

Oil rises on supply concerns as market awaits clarity on sanctions- oil and gas 360

Oil rises on supply concerns as market awaits clarity on sanctions

(Investing) – NEW YORK  – Oil prices rose about 1% to a one-week high on Wednesday on worries about supply disruptions in Russia and the U.S., while the market awaits clarity on sanctions as the U.S. attempts to broker a deal to end the war in Ukraine. Brent futures were up 65 cents, or 0.9%, at $76.49 a barrel by 10:38 a.m.