Tuesday, August 12, 2025

US

Oil prices fall on China/U.S. economic worries; Ukraine peace talks eyed- oil and gas 360

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

(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

Kremlin says Russia is not holding gas supply talks with Europe or the US- oil and gas 360

Kremlin says Russia is not holding gas supply talks with Europe or the US

(BOE Report) – The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine. Russian gas supplies to Europe have collapsed since the start of the military conflict in Ukraine in February 2022 and blasts at the subsea Nord Stream pipelines. Gas exports to Europe from Russia via

US imposes sanctions on teapot oil refinery and CEO for Iranian oil purchases- oil and gas 360

US imposes sanctions on teapot oil refinery and CEO for Iranian oil purchases

(Investing) – The Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced sanctions against a teapot oil refinery and its CEO for purchasing and refining Iranian crude oil worth hundreds of millions of dollars. The oil was sourced from vessels linked to Ansarallah, a Foreign Terrorist Organization, and the Iranian Ministry of Defense of Armed Forces Logistics (MODAFL). The refinery,

U.S. and Vietnam sign $4-billion energy and minerals deals- oil and gas 360

U.S. and Vietnam sign $4-billion energy and minerals deals

(Oil Price) – American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnam’s Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson