Author name: David Ryabchikov

India moves to refill strategic oil reserves as crude prices expected to rise

India moves to refill strategic oil reserves as crude prices expected to rise

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Copyright &copy HT Digital Streams Limited All Rights Reserved. Crude prices had surged to a high of $76 per barrel in June, from a four year low of $60 per barrel in May. (Reuters) Summary With anticipated increases in global oil prices, India is proactively expanding its strategic petroleum reserves.  New Delhi: As global oil […]

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WTI rebounds amid modest energy recovery, OPEC+ output hike in focus

WTI rebounds amid modest energy recovery, OPEC+ output hike in focus

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West Texas Intermediate (WTI) US Oil price rises to $60.50 per barrel on Friday, up 0.65% on the day, extending its rebound after two sessions of subdued trading. Despite the modest recovery, Crude Oil prices remain on track for their third consecutive monthly decline as persistent oversupply concerns limit upside potential ahead of the Organization

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Crude Oil Falls Back After Thursday’s Rally on US and EU Sanctions on Russian Energy

Crude Oil Falls Back After Thursday’s Rally on US and EU Sanctions on Russian Energy

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December WTI crude oil (CLZ25) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend long liquidation pressure after the sharp gains seen on Wednesday and Thursday.  Crude oil prices rallied after the US and EU ramped up sanctions

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Oil Prices Surge 6% as Trump Sanctions Russian Energy Giants

Oil Prices Surge 6% as Trump Sanctions Russian Energy Giants

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Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Oct 23, 2025, 6:30 AM CDT Updated: Oct 23, 2025, 6:30 AM CDT Oil prices skyrocketed in early Asian trading on Thursday after President Trump announced new sanctions on Russia’s two largest oil producers, Lukoil and Rosneft, marking the first Ukraine-related

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Trump sanctions Russian oil majors, prompting oil price rise and India jitters

Trump sanctions Russian oil majors, prompting oil price rise and India jitters

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MOSCOW: US President Donald Trump hit Russia’s two biggest oil companies with sanctions in his latest sharp policy shift on Moscow’s war in Ukraine, prompting global oil prices to rise by 3 per cent on Thursday (Oct 23) and India to consider cutting Russian imports. The sanctions, unveiled by the US Treasury, target oil companies

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Crude oil prices drop 6%, Brent struggles to hold $62 per barrel  

Crude oil prices drop 6%, Brent struggles to hold $62 per barrel  

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Global crude oil prices, tracked by Brent, have dropped more than 6% so far in October, deepening year-to-date decline to over 17% in 2025.  The post Crude oil prices drop 6%, Brent struggles to hold $62 per barrel   appeared first on Nairametrics… https://nairametrics.com/2025/10/14/crude-oil-prices-drop-6-brent-struggles-to-hold-62-per-barrel/

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