#oilprice.com. × Enbridge Moves to Rewrite North America’s Heavy-Crude Map | OilPrice.com. Enbridge has approved a $1.4 billion expansion across its Mainline and Flanagan South systems that will push more Canadian heavy crude into the U.S. Midwest and down to the Gulf Coast
#Nov.14.2025 ×
#oilprice.com. × India’s Refiners Turn to the U.S. in Break from the Gulf | OilPrice.com. India’s state-run refiners have locked in their first-ever long-term deal to import U.S. liquefied petroleum gas (LPG), awarding tenders to Chevron, Phillips 66, and TotalEnergies Trading for delivery
#Nov.14.2025 ×
#oilprice.com. × Canada and India to Partner in Critical Minerals Supply Chain | OilPrice.com. Canada and India have pledged to encourage long-term supply chain partnerships in critical minerals and clean energy to counter the effects of recent difficult trade negotiations and tariffs with the U
#Nov.14.2025 ×
#oilprice.com. × U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea | OilPrice.com. U.S. sanctions targeting Rosneft and Lukoil have stalled nearly a third of Russia's crude oil export potential at sea, causing top buyers India and China to reduce December purchases and widening the d
#Nov.13.2025 ×
#oilprice.com. × Oil Stabilizes After Selloff Amid OPEC Reassessment and U.S. Funding Deal | OilPrice.com. Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 at 11:01 a.m. ET, as traders reassessed the latest OPEC shift toward a more
#Nov.13.2025 ×
#oilprice.com. × Trump Signs Deal to Reopen U.S. Government | OilPrice.com. The end of the historic U.S. government shutdown offers limited support to oil markets as oversupply concerns continue to dominate.
#Nov.12.2025 ×
#oilprice.com. × Crude Oil, Distillates Inventories See Minor Build as Prices Sink | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7
#Nov.12.2025 ×
#oilprice.com. × Chevron’s Five-Year Plan Prioritizes Superior Shareholder Returns | OilPrice.com. Chevron's five-year strategic plan focuses on growing free cash flow and boosting returns to shareholders through cost cuts, synergies from the Hess acquisition, and capital discipline, instead of prio
#Nov.12.2025 ×
#oilprice.com. × India’s Top Refiner Looks to Buy Non-Sanctioned Russian Crude | OilPrice.com. India's top refiner, Indian Oil Corporation, is seeking non-sanctioned Russian crude and looking to replace lost Russian supply with oil from the Americas and West Africa following new U.S. sanctions.
#Nov.12.2025 ×
#oilprice.com. × U.S. Sanctions Widen Russia’s Crude Discount to $20 a Barrel | OilPrice.com. U.S. sanctions on Rosneft and Lukoil have caused the discount of Russia's Urals crude to benchmark Brent to widen to $20 per barrel, the highest level this year.
#Nov.12.2025 ×
#oilprice.com. × Putin and Tokayev to Discuss Gas Cooperation, U.S. Sanctions Fallout | OilPrice.com. Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev are meeting in Moscow this week to discuss gas cooperation and the impact of U.S. sanctions on Russian oil majors with operat
#Nov.11.2025 ×
#oilprice.com. × U.S. Sanctions Push Indian Refiners Away From Russian Crude | OilPrice.com. Following U.S. sanctions on Rosneft and Lukoil, all but two Indian refiners have refrained from placing orders for Russian crude oil for December, prompting a pivot toward the Americas and the Middle E
#Nov.11.2025 ×
#oilprice.com. × U.S. Sanctions Force Russian Move to Relinquish Control of Key Serbian Oil Asset | OilPrice.com. The Russian majority owners of Serbia’s sole refinery, NIS, are negotiating to cede control to a third party and have requested a U.S. license extension as sanctions halt crude supply and payment proce
#Nov.11.2025 ×
#oilprice.com. × Iran’s Deputy Foreign Minister Calls for New Nuclear Talks | OilPrice.com. Iranian deputy foreign minister Saeed Khatibzadeh stated Iran is open to a "peaceful" nuclear deal with the US, even as key disagreements over uranium enrichment remain and US sanctions continue under
#Nov.11.2025 ×
#oilprice.com. × Shell Takes Venture Global LNG Arbitration Loss to NY Supreme Court | OilPrice.com. Shell has challenged an arbitration ruling against Venture Global in the New York Supreme Court, alleging the U.S. LNG exporter wrongfully withheld contracted supply to sell on the higher-priced spot m
#Nov.11.2025 ×
#oilprice.com. × Lukoil Declares Force Majeure at Huge Iraqi Oilfield After U.S. Sanctions | OilPrice.com. Russian oil giant Lukoil declared force majeure at Iraq's 400,000-bpd West Qurna-2 oilfield following new U.S. sanctions, which also led to Iraq halting payments and the collapse of Lukoil's planned $2
#Nov.10.2025 ×
#oilprice.com. × Oil Prices Climb as Senate Passes Deal to Reopen Government | OilPrice.com. Oil prices inched higher in early Asian trading amid optimism that the U.S. Senate will soon pass a funding deal to end the federal government shutdown, improving demand outlook and investor sentiment.
#Nov.09.2025 ×
#oilprice.com. × Trump Weighs Exempting Hungary From Russian Oil Sanctions | OilPrice.com. President Donald Trump told Hungarian Prime Minister Viktor Orbán that the US is considering exempting Hungary from Russian oil sanctions, a move that comes as Ukraine's President Volodymyr Zelenskyy t
#Nov.07.2025 ×
#oilprice.com. × U.S. Sanctions on Russia Lead to Puzzling Oil Cargo Transfer Off India | OilPrice.com. An unusual, unconcealed ship-to-ship transfer of a Rosneft crude cargo between two sanctioned tankers off the coast of India is baffling market analysts following new U.S. sanctions on Russian oil prod
#Nov.07.2025 ×
#oilprice.com. × Duke Energy Crushes Q3 Earnings Estimates on Strong Sales | OilPrice.com. U.S. electric utility giant Duke Energy posted consensus-beating third-quarter earnings driven by new rates and higher retail sales, while also announcing a planned increase to the industry’s largest c
#Nov.07.2025 ×
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