Russia Archives - Page 6 of 9

Russia and China cement alliance with new gas pipeline

September 4, 2025

(Oil Price)– Russia and China used a Eurasian summit this week to manifest closer ties in defiance of the U.S., pledging increased cooperation and signing about two dozen agreements, including in the energy sector. During the Shanghai Cooperation Organization (SCO) summit in China, Russian President Vladimir Putin met with Chinese President Xi Jinping for bilateral talks and multi-lateral discussions agreements

Drone strike halts Rosneft Oil Refinery Operations

August 11, 2025

(Oil Price)– A Sunday drone attack on the Saratov refinery, owned by Russia’s oil giant Rosneft, prompted the facility to halt the intake of crude oil, a source with knowledge of the matter told Bloomberg on Monday. The Saratov Refinery in the Volga region has the capacity to process 140,000 barrels per day (bpd) of crude, but it has now been

Oil steadies ahead of US-Russia talks

August 11, 2025

(Investing) – HOUSTON -Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over the war in Ukraine. Brent crude futures slipped 14 cents, or 0.21%, at $66.45 a barrel by 11:15 a.m. EDT (1515 GMT). U.S. West Texas Intermediate crude futures fell 12 cents, or 0.19%, to

Three years into war, US and Europe keep billions in trade with Russia

August 6, 2025

(BOE Report)– Three years after Russian President Vladimir Putin launched his full-scale invasion of Ukraine, the United States and European Union still import billions of euros worth of Russian energy and commodities, ranging from liquefied natural gas to enriched uranium. India this week lashed out at what it called Western double standards, after facing renewed threats from U.S. President Donald

Oil rises 2% on US-EU trade deal, Trump’s shorter deadline for Russia

July 28, 2025

(Investing) – NEW YORK -Oil prices rose 2% on Monday after a trade deal between the U.S. and the European Union, and U.S. President Donald Trump’s announcement that he would shorten the deadline for Russia to end its war in Ukraine or face sanctions. Brent crude futures were up $1.36, or 2%, at $69.80 a barrel by 10:58 a.m. EDT (1458 GMT),

Trump hints at sanctions for Russian crude, oil prices go up

July 14, 2025

(World Oil)– West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump said he plans to make a “major statement” on Russia on Monday and reiterated criticism of President Vladimir Putin. One sanctions bill, which at least 85 senators have endorsed, would levy 500% tariffs on China and India if they make any purchases

EU to require EU firms to disclose details of Russian gas contracts

June 13, 2025

(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. In May, the EU unveiled a roadmap to end dependency on Russian energy. The roadmap calls for the EU

Oil prices climb 2% to 2-week high on geopolitical tension concerns

June 3, 2025

(Investing) – NEW YORK -Oil prices climbed about 2% on Tuesday to a two-week high, as persistent geopolitical tensions between Russia and Ukraine and the U.S. and Iran looked set to keep sanctions on both Russia and Iran in place for longer. Brent crude futures rose $1.11, or 1.7%, to $65.74 a barrel at 11:21 a.m. EDT (1521 GMT), while U.S. West

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

March 31, 2025

(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?

March 24, 2025

(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

March 19, 2025

(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

March 18, 2025

(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

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