ukraine – Oil & Gas 360

Oil prices fall on China/U.S. economic worries; Ukraine peace talks eyed

May 19, 2025

(Investing) – Oil prices fell Monday, handing back some of the previous week’s gains as traders fretted about Moody’s U.S. credit downgrade as well as slowing economic growth from China, the world’s largest crude importer. At 08:15 ET (12:15 GMT), Brent Oil Futures expiring in June inched 0.7% lower to $64.93 per barrel, while West Texas Intermediate (WTI) crude futures also fell 0.7% to $61.53

Ukraine, US sign minerals deal sought by Trump

May 1, 2025

(Investing) – KYIV/WASHINGTON -Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine’s reconstruction. The two countries signed the accord in Washington after months of sometimes fraught negotiations, with uncertainty persisting until the last moment with

Ukraine, U.S. make ’substantial progress’ on minerals deal, Kyiv says

April 16, 2025

(Investing) – KYIV -Ukraine and the United States have made “substantial progress” in their talks on a minerals deal and will sign a memorandum in the near future, first deputy prime minister Yulia Svyrydenko said on Wednesday. U.S. President Donald Trump is seeking a bilateral minerals deal as part of his push to end Ukraine’s war against the Russian invasion. Trump

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

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

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

March 11, 2025

(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 up, but off highs as Trump warns new Russia sanctions possible

March 7, 2025

(Investing) – HOUSTON -Oil prices were up on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with Ukraine. Trump said in a post on Truth Social that he was “strongly considering” sanctions on Russian banks and tariffs on Russian products because its armed forces continue attacks in

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

February 26, 2025

(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

Drone strike on pipeline could cut Kazakhstan oil exports by 30%, operator says

February 18, 2025

(Reuters) – MOSCOW – Kazakhstan’s oil exports could be cut by 30% for up to two months via its main pipeline due to damage from a Ukrainian drone attack, Russia’s state pipeline operator said on Tuesday. Monday’s attack occurred a day before U.S. and Russian officials met in Riyadh for their first talks on ending the war in Ukraine, as Kyiv and

Oil trades steady as Ukraine peace talks counter supply disruptions

February 18, 2025

(CNBC) – Oil prices were largely steady on Thursday, paring losses of more than 1% earlier in the session, as a potential peace deal between Russia and Ukraine continued to exert downward pressure, but expectations about a pause in new U.S. tariffs fueled optimism. Brent crude futures closed down 16 cents, or 0.21%, at $75.02 a barrel, while U.S. West Texas Intermediate crude (WTI) settled down 8

Oil prices on course for weekly gains; US trade relief helps

February 14, 2025

(Investing) – Oil prices rose Friday, on course to snap three straight weeks of losses amid relief that U.S. President Donald Trump did not immediately impose reciprocal tariffs as initially threatened. At 09:10 ET (14:10 GMT), Brent oil futures expiring in April rose 0.3% to $75.24 a barrel, while West Texas Intermediate crude futures rose 0.2% to $71.43 a barrel. Both benchmark contracts were trading

Trump official says minerals deal will give Kyiv post-war ‘security shield’

February 12, 2025

(Investing) – KYIV -U.S. Treasury Secretary Scott Bessent said on Wednesday that a minerals deal between Kyiv and Washington would provide Ukraine with a post-war “security shield”, and President Volodmyr Zelenskiy said he hoped to reach an agreement within days. Bessent, the first cabinet-level official on Donald Trump’s team to visit Kyiv, spoke after Zelenskiy said he was ready to do

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