MANILA – Oil prices are expected to increase as high as PHP1 per liter next week as upside risks remain partly due to supply disruptions, according to an industry player. Based on the price movements as of Thursday and the performance of the foreign exchange ... »»»

The government is well-prepared to handle the Lukoil situation and already has a plan in place, Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev said during Friday’s parliamentary blitz question time. He was responding to a question from the Continue the Change–Democrati»»»

Asia’s diesel spot activity on the trading window turned upbeat, while market structures and cash premiums gained to three-year highs ahead of the mid-month price rollover as front-month supply-demand fundamentals held firm. Some buying interest emerged from a key regional importer in Vietnam for D»»»

Indian refiners are set to receive more Russian crude oil in November. This surge is driven by the approaching deadline for US sanctions on certain Russian entities. Meanwhile, US crude supplies to India have significantly increased, becoming the fourth-largest source. This rise is attributed to fa»»»

In Bulgaria, a temporary rise in fuel prices could occur in the coming months, warned Asen Vassilev, leader of the opposition party “We Continue the Change”, during a visit to Sliven. Vassilev explained that sanctions imposed on Russian oil companies Rosneft and Lukoil have already pushed oil price»»»

Analysts are of the view that the latest round of Trump sanctions may hit earnings of these two oil refineries. (AI image) US President Donald Trump’s move to impose sanctions on two of Russia’s largest oil suppliers - Rosneft and Lukoil - spells bad news for India’s private sector refineries Relia»»»

The Trump administration announced on Wednesday that it was placing Russia’s two largest oil producers — Lukoil and Rosneft — on the U.S. Treasury Department’s sanctions list. The move is aimed at targeting Russia’s war finances, as the two companies account for nearly half of the country’s crude e»»»

TEHRAN, Oct. 23 (MNA) – Gold is on the uptrend again, edging towards recent record highs of nearly $4,400 an ounce, as United States sanctions against Russian’s oil companies Rosneft and Lukoil add new risk to global oil supplies and geopolitics. US gold futures for December delivery rose $96.74, o»»»

WASHINGTON (Sputnik) - Gold is on the uptrend again, edging towards recent record highs of nearly $4,400 an ounce, as United States sanctions against Russian’s oil companies Rosneft and Lukoil add new risk to global oil supplies and geopolitics. US gold futures for December delivery rose $96.74, or»»»

Indian refiners are poised to sharply curtail imports of Russian oil to comply with new US sanctions on two top Russian producers, industry sources have said, potentially removing a major hurdle to a trade deal with the United States. AdvertisementThe change comes as India faces punishing 50 per ce»»»

Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil companies, multiple trade sources said on Thursday. The move comes as refiners in India, the largest buyer of seaborne Russian oil, are»»»

Add TNIE As A Trusted Source CHENNAI: India, one of the world’s largest oil importers, reportedly faces a major disruption in its crude supply from Russia following fresh US sanctions on two of Russia’s largest oil producers, Rosneft PJSC and Lukoil PJSC. These measures threaten to cut India’s disc»»»

Oil prices rose early on Thursday by around 3 % in Asian trading, following the imposition of new US sanctions on Russia’s two largest oil companies. According to Agence France-Presse, Brent crude increased by 2.86 % to $64.38 per barrel, while West Texas Intermediate (WTI) rose by 2.89 % to $60.19»»»

US Treasury Secretary Scott Bessent said the sanctions would target Russia’s two largest oil companies, Lukoil and Rosneft, due to Russian President Vladimir Putin’s “refusal to end this senseless war” in Ukraine and Moscow’s “lack of serious commitment” to the peace process. “Today’s actions incre»»»