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Oil steadies

Oil steadies as OPEC+ output hikes counter Russia disruption concerns

Oil was little changed on Tuesday as traders assessed rising OPEC+ supply and worries of weaker global demand, against U.S. President Donald Trump's threats to India over its Russian oil purchases.

Hosted on MSN · 16h

Oil falls as OPEC+ output hike adds to oversupply concerns

Oil prices fell to their lowest in a week on Monday after OPEC+ agreed to another large output increase in September, adding to oversupply concerns after U.S. data showed lacklustre fuel demand in the top consuming nation.

The Wall Street Journal on MSN · 13h

Oil Extends Losing Streak As OPEC+ to Raise Output

Oil futures fell for a third consecutive session after OPEC+ said it will lift output by another 547,000 barrels a day in September.

Trump Blames India For Russian Oil Trade

The Associated Press on MSN · 37m

Trump pressures China and India to stop buying cheap Russian oil

U.S. President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin’s war against Ukraine. Trump is raising the issue as he seeks to press Russian President Vladimir Putin to agree to a ceasefire.

India calls Trump's tariff threat over Russian oil 'unjustified'

The US president threatened to "substantially" raise tariffs against India over its purchase of oil from Russia.

ABP News on MSN · 19m

Trump Blames India For Russian Oil Trade, But What About China’s $62 Billion Imports, Asks GTRI

As per the data from the report, China is the largest buyer of Russian oil. In 2024, China imported $62.6 billion worth of Russian oil, compared to India's $52.7 billion.

Russia’s Gasoline Prices Surge to Record High on Refinery Attacks

Russia is experiencing a deepening fuel crisis as record-high gasoline prices and damaged refineries overwhelm the government ...

18hon MSN

Russia's Novokuibyshevsk oil refinery halted operations after drone attacks, sources say

Primary oil processing at Russia's Novokuibyshevsk refinery, which is operated by the Rosneft oil company, has been halted ...

17h

Ukraine drone attack sparks fire at Sochi oil depot, Russia says

Early on Sunday a massive oil depot fire was raging near Russia's Black Sea resort of Sochi - blamed by the Russian ...

20h

Ground Game: About half of US adults say grocery costs cause ‘major’ stress, China defends Russia and Iran oil deals

This newsletter was originally sent out via email to our Ground Game subscribers on August 4. You can subscribe at any time ...

2d

Ukrainian drone attack sparks fire at oil depot in Russia’s former Olympic city, governor says

More than 120 firefighters were trying to extinguish a blaze at an oil depot in the Russian city of Sochi that was sparked by ...

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