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Russia's Volgograd oil refinery halts processing after drone attack, sources say
Lukoil-owned Volgograd oil refinery in Russia's south, has suspended oil processing on Wednesday after fire erupted following a Ukrainian done attack, two industry sources said on Thursday.
Oil News: Oil Futures Edge Lower Despite Iran Risk Premium Intact
Crude oil edges lower as U.S.-Iran talks continue. EIA reports 8.5M barrel inventory build; IEA cuts demand forecast.
Natural Gas and Oil Forecast: Oil Jumps on Tensions – Will $66 Break?
Oil prices climb on geopolitical tensions despite an 8.5M barrel inventory surge, while WTI tests $65 resistance and Natural Gas holds key $3.05 support.
Russia to deliver crude oil and fuel to Cuba soon, Izvestia newspaper reports
Russia is preparing to dispatch crude oil and fuel cargoes to Cuba in the near future, Izvestia newspaper said on Thursday, citing the Russian embassy in Cuba.
Sanctions, Ship Seizures and Low Prices Squeeze Russia's Oil Industry
In a sign of Moscow's difficulties selling oil, millions of barrels are floating on the water, waiting for buyers and attracting record price discounts.
U.S. Energy Secretary Talks Oil Revival—and Democracy—in Venezuela Visit
Chris Wright says “enormous progress” is being made on crude production.
Oil Rises Amid Lingering U.S.-Iran Tensions
Oil rose in the morning Asian session amid lingering U.S.-Iran tensions that could lead to supply disruptions.
Oil prices rise on concerns about US-Iran tensions
Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran.
U.S. Crude Oil Stockpiles Post Large Weekly Build
Commercial crude oil inventories rose by 8.5 million barrels. They were expected to have fallen by 400,000 barrels.
Kremlin says Russia will seek clarification from US on Venezuela oil restrictions
Russia plans to seek clarification from the United States about new U.S. restrictions on Venezuela's oil business, the Kremlin said on Wednesday.
Oil News: Oil Demand from India Lifts Futures Amid Iran Uncertainty
Crude oil futures gain on Middle East tensions as nuclear talks yield no breakthrough yet. India demand offsets rising U.S. inventories; EIA data due today.
TotalEnergies posts 13% drop in fourth-quarter profit on lower oil, gas prices
French oil major TotalEnergies reported a 13% drop in fourth-quarter earnings on Wednesday, slightly missing expectations, as soaring margins on refining fuels and cash from selling stakes in renewable assets failed to offset lower oil and gas prices.
