Crude Oil News and Headlines
- Japan ramps up funding for green tech 08/30/2025Modi and Japanese PM Shigeru Ishiba pledged to forge deeper ties at a Tokyo summit, even as the full spectrum of 50% US tariffs on Indian exports took effect this week ...
- S Jaishankar holds phone conversation with Finnish counterpart Valtonen 08/30/2025The remarks are seen as a reference to US's allegations that New Delhi is helping Moscow's "war machine" by procuring Russian crude oil at a discounted price.
- Ethanol blend fuel: E20 trims mileage slightly but boosts farmers, forex savings and green gains 08/30/2025E20 fuel usage might cause a small dip in vehicle mileage. However, industry experts highlight major advantages for India. These benefits include boos ...
- Crude Check: Upside still open for oil futures 08/30/2025Crude oil, after opening last week on the front foot, lost momentum and was largely trading sideways. Brent crude oil futures on the Intercontinental Exchange (ICE) ($67.50/barrel) was down by a ...
- Ex-RBI Governor Raghuram Rajan suggests ‘windfall tax’ on Indian oil refiners to shield SMEs from Trump tariffs 08/30/2025Former RBI Governor proposed a windfall tax on oil refiners profiting from discounted crude oil and then redirecting the funds to support India's SMEs, affected by US tariffs.
- Travelers may pay the cheapest Labor Day gas prices in 5 years. Here's the reason why. 08/30/2025Labor Day gasoline prices will likely be the cheapest since 2020. Americans this weekend are likely to pay the lowest gas prices at the pump on the Labor Day holiday since the pandemic, thanks in part ...
- Trump’s double humiliation as Xi embraces Modi and Putin 08/30/2025The bond began to fray early in Mr Trump’s second term, when he unleashed a global trade war. Expecting India to yield and open its heavily protected agricultural sector to US investors, he was ...
- Aker BP: Glad I Bought Before The Good News (Rating Downgrade) 08/30/2025Aker BP’s Yggdrasil discovery boosts long-term outlook, but current valuation limits upside despite strong fundamentals. See why AKRBF stock is downgraded to hold.
- Technology, Investment Hasten Alaska Oil and Gas ‘Renaissance’ 08/29/2025The annual conference of the Alaska Oil and Gas Association hailed rapid industry changes that promise to boost production for a decade.
- Ukrainian drone strikes halt operations at Russia’s Kuibyshevsk refinery, sources tell Reuters 08/29/2025The refinery, operated by Rosneft, saw both of its main crude distillation units — CDU-4 and CDU-5, each with a capacity of 70,000 barrels per day — taken offline in the recent strikes.
- Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures End Week With Modest Gains | Nvidia ... 08/29/2025A survey compiled by WSJ showed Brent crude is expected to average $63.57 a barrel in the fourth quarter, while West Texas Intermediate is seen at $60.30 a barrel. That is down from last month's ...
- Hedge Funds Slash Bullish Oil Bets to 2007 Low on Glut Concern 08/29/2025Hedge funds winnowed their bullish position on US crude to the lowest in about 18 years as uncertainty over economic policy compounded growing concerns about an oversupply.