Crude Oil News and Headlines
- FMCG input costs are moving in opposite directions—what it means for margins 12/06/2025A sharp split in raw-material prices, from softening palm oil and packaging costs to rising sugar, coffee and fishmeal, is setting up an uneven margin outlook for India’s biggest FMCG companies for ...
- Gas prices: US average drop below $3 — except in these states 12/06/2025It's the first time the national average has dropped below $3 since 2021, but not every state is seeing such low prices at the pump.
- Maritime experts urge Nigeria to embrace blue economy over oil 12/06/2025Maritime and economic experts have renewed calls for Nigeria to urgently pivot from oil dependence to the blue economy, warning that continued over-reliance on crude is harming both the environment ...
- India’s Russian oil boom undermines Western sanctions, Ukrainian officials warn 12/06/2025India continues buying discounted Russian oil despite Western sanctions, then exports refined petroleum products to Europe, undermining restrictions.
- COMMENTARY: White House needs to emphasize pro-growth agenda 12/06/2025Democrats see an opportunity to hammer Republicans and the White House on "affordability," counting on voters to forget that inflation soared to 9 percent in 2022 -- the highest in four decades -- ...
- Putin meets with India’s Modi 12/06/2025Russian President Vladimir Putin held talks with Indian Prime Minister Narendra Modi on Friday at an annual summit and agreed to diversify mutual economic ties, as the United States presses India to ...
- EU, G7 weigh ban on maritime services for Russian oil exports, end to price cap 12/06/2025Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services. The ban would end that trade, which is mostly done through the fleets ...
- Oil Settles up on Expectations of Fed Rate Cut, Ukraine Peace Talks Stalling 12/05/2025"Benchmark crude oil prices could be impacted significantly by escalating military tensions between the U.S. and Venezuela," Rystad Energy analysts said in a note on Thursday, noting that U.S.
- Dangote Speaks On Reducing Price Of Petrol After Meeting Tinubu 12/05/2025The founder and president/chief executive of Dangote Group, Aliko Dangote, has reaffirmed that his refinery will continue to reduce petrol prices to ensure competitiveness with importers. Speaking to ...
- Cheaper gas might not be enough to overcome rising costs of everything else 12/05/2025One economist said the lower gas prices are partially a reflection of an economic slowdown. He pointed to the sluggish jobs market, the effect of tariffs on oil demand and inflation and the ...
- India’s Geopolitical Tightrope: Putin Visit Amplifies Western Scrutiny 12/05/2025WASHINGTON, DC -US media outlets cast Russian President Vladimir Putin’s visit to New Delhi as a pivotal moment in India’s foreign policy calculus, with coverage centering on the Modi government’s ...
- Daily on Energy, presented by TC Energy: Trump’s national security strategy, GOP pushback on permitting, and an offer for free solar 12/05/2025Good afternoon and happy Friday, Daily on Energy readers! It is a chilly one today in Washington, D.C., as we got our first ...