Oil slumps 5 percent as global equities tumble, Saudi supply assurances
Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran.
Exclusive: Russia to suspend light, heavy oil product exports to Belarus from November
Russia plans to halt exports of light and heavy oil products to Belarus from next month until the end of next year, with restrictions also applying to shipments of liquefied petroleum gas (LPG), two Russian government sources told Reuters.
Russian gas exports to boom despite U.S. pressure and rivalry
Russia is setting records in gas pipeline exports despite U.S. pressure on Europe to reduce imports, and aims to become the world’s leading liquefied gas exporter in the next decade thanks to technology it is developing at home.
Russia's Putin says U.S. LNG uncompetitive in Europe
Russia’s President Vladimir Putin said on Wednesday that liquefied natural gas (LNG) from the United States was uncompetitive in Europe.
Global energy bosses send Trump a message: world needs Russian gas
Global energy bosses assembled in Moscow on Wednesday said the world needed Russian gas to keep the lights on, in a clear message to U.S. President Donald Trump who has warned he may impose sanctions on Russian gas export projects.
Brent hits new four-year high on Iran supply worries
Brent crude rose nearly 2 percent after hitting a four-year high on Wednesday as the market focused on upcoming U.S. sanctions on Iran while shrugging off the year’s largest weekly build in U.S. crude stockpiles and reports of higher Saudi Arabian and Russian production.
Column: Oil prices enter the danger zone for consumers - Kemp
Crude oil prices continue to climb despite attempts by oil producers to reassure the market about availability and the existence of enough spare capacity to offset oil lost as a result of U.S. sanctions on Iran.
Oil prices mark weekly gain ahead of Iran sanctions
Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both benchmarks marked weekly gains ahead of U.S. sanctions on Iranian oil exports.
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