Rigzone Oil & Gas Headlines
- Analysts indicate a truce would be only modestly bearish if sanctions on Russian energy remain in place.
- China said its imports of Russian oil are justified.
- Brent crude oil has performed poorly this week, analysts at BMI said.
- Traders are pricing out risk premiums on Russian crude amid oversupply fears and global tariff effects.
- Brand Finance announced that, according to its Energy 100 2025 report, the collective value of the world's top 100 'most valuable energy brands' is $688.6 billion.
- Now that the November 2023 OPEC+ tranche is fully unwound, the next in focus is the April 2023 tranche, analysts at Standard Chartered Bank said.
- Oil fell for the fifth straight session as Trump signaled possible diplomacy with Putin.
- U.S. President Donald Trump doubled tariffs on Indian goods to 50 percent as a penalty for its purchases of Russian oil.
- Oil slid for a fourth day as Russia considered pausing airstrikes to avoid new US sanctions.
- Eli Rubin, an energy analyst at EBW Analytics Group, outlined that the natural gas price dropped below $3 per MMBtu yesterday 'amid [a] lack of support'.