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Oil Falls After Trump’s Remarks on Talks with Iran

Oil prices fell on Friday after U.S. President Donald Trump said that the U.S. armed forces would not strike Iran before November’s congressional elections amid constructive talks between the sides. By 09:01 Moscow time, Brent had fallen 1.32% to $102.9 per barrel, while WTI was down 1.27% to $90.33 per barrel.

#brent #WaragainstIran #DonaldTrump #Iran #oil #StraitofHormuz

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Russia’s seaborne exports of oil products rose to a three-month high

In September, Russia’s seaborne exports of oil products rose to a three-month high and amounted to about 1.17 million barrels per day, Bloomberg writes, citing data from analytics company Vortexa. The decline in diesel and gasoil shipments was more than offset by growth in fuel oil and naphtha supplies amid the government ban on diesel fuel exports.

#diesel #oil #oilrefinery #Russia #fuel #Economy

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Drones attacked the Omsk region, one drone reached the industrial hub with the Omsk refinery

On the afternoon of October 8, drones attacked the Omsk region; one of them reached the northern industrial hub in Omsk, where Gazprom Neft’s Omsk refinery is located. Governor Vitaly Khotsenko said that air defenses shot down most of the drones, but he did not write about any damage or casualties.

#VitalyHocenko #WarinUkraine #oil #oilrefinery #Omsk #OmskOblast #DefenseForcesofUkraine #StrikesagainstRussia

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Monitoring channels reported a new strike on the Samara oil pumping station in the Samara region

Monitoring channels Exilenova+ and Supernova+ claim that the Armed Forces of Ukraine struck the Samara oil pumping station in the Samara region for the second time this week. According to Exilenova+, after the attack a large fire broke out on the facility’s premises, and roads in the nearby settlement were blocked.

#uav #WarinUkraine #oil #Russia #Samara #SamaraRegion #DefenseForcesofUkraine #StrikesagainstRussia

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Putin restricted the publication of data on fuel exports and refinery operations

On September 28, Vladimir Putin signed a decree that restricted access to information about the fuel and energy sector. It is now forbidden to distribute this information through the media and the internet, except for data that companies disclose themselves about their activities.

#VladimirPutin #oil #oilrefinery #Russia #Rosstat #sanctions #fuelcrisis

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Novak instructed agencies and oil companies to prepare scenarios for worsening conditions in the fuel market

Russian Deputy Prime Minister Alexander Novak instructed the relevant agencies and oil companies to prepare possible scenarios for a further deterioration of the situation in the Russian fuel market. They should include measures to increase the production of petroleum products and adjust the volume of their imports.

#Belarus #business #VladimirPutin #WarinUkraine #state #minenergo #oil #Russia #fuelcrisis #Ukraine

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Tehran’s proxy, the Kremlin’s partners. How the Yemeni Houthis turned from a gang of ragged stragglers into a factor in international politics

Growing out of tribal militias in one of the poorest countries in the world, the group is capable of harming international trade, artificially driving up oil prices, and imposing its agenda on key powers. And there are always buyers for these services among the Houthis.

#AlQaeda #ArabSpring #Iran #Islam #Yemen #internationaltrade #oil #tribalsociety #SaudiArabia #terrorism #transport #Houthis #ShiitesandSunnis

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Saudi Arabia reduced oil supplies to Europe after damage to the East-West pipeline

Saudi Arabia reduced oil supplies to Europe after drones damaged the East-West oil pipeline, which leads to the Red Sea bypassing the Strait of Hormuz. The kingdom also canceled part of September shipments for European customers, and loading at the port of Yanbu on the Red Sea was suspended.

#reuters #europe #RedSea #oil #OPEC #StraitofHormuz #SaudiArabia

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Russia’s revenue from oil exports reached its highest level since late May

In the week to September 13, Russia shipped $2.42 billion worth of oil for export — the highest since late May, according to Bloomberg calculations based on tanker-tracking data. A week earlier, the amount was about $620 million lower.

#WarinUkraine #India #Kazakhstan #China #oil #Russia #Economy

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Houthi rebels seize two islands near the Bab el-Mandeb Strait

Yemeni Houthi rebels have seized two strategic islands — Greater and Lesser Hanish — in the Red Sea at the entrance to the Bab el-Mandeb Strait. After this, concerns over oil supplies and shipping in the region intensified in the market.

#Wars #Yemen #RedSea #oil #SaudiArabia #Shipping #Houthis #Economy

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Oil rises by more than 2% after strikes on Saudi Arabia and shelling of ships in the Persian Gulf

Oil is rising by more than 2% on Monday after new Houthi strikes on Saudi Arabia and shelling of ships in the Persian Gulf by Iran. By 09:50 MSK, Brent had risen 2.49% to $107.22 per barrel, and WTI — by 2.6% to $102.65 per barrel.

#MiddleEast #Iran #oil #StraitofHormuz #SaudiArabia #Houthis #Economy

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Trump called on Zelensky to stop strikes on Russian refineries

Donald Trump told reporters in Ireland that he had spoken with Ukraine’s President Volodymyr Zelensky and urged him to stop strikes on Russian companies producing diesel fuel. According to the U.S. president, such attacks cause diesel shortages and price increases.

#VladimirZelensky #WarinUkraine #DonaldTrump #oil #oilrefinery #Russia #fuelcrisis #Ukraine

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The Houthis seized Perim Island and gained control of the Bab el-Mandeb Strait

A source in the Yemeni government said that the Iran-backed Houthis seized Perim Island in the Bab el-Mandeb Strait. According to him, this gave them de facto control over one of the key shipping routes in the Red Sea.

#Yemen #RedSea #oil #SaudiArabia #Shipping #Houthis

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Seven ships passed through the Strait of Hormuz in a day, Brent rose above $105 per barrel

Over the past day, seven ships carrying different cargoes passed through the Strait of Hormuz — over the previous ten days, an average of 15 ships per day passed through it. On the morning of September 11, Brent crude on the ICE exchange in London was trading above $105 per barrel.

#Iran #oil #StraitofHormuz #USA #Houthis #Economy

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Oil rose to multi-week highs after Houthi strikes on facilities in Saudi Arabia

Oil prices rose on Tuesday to multi-week highs after reports that Iran-backed Yemeni Houthis shelled energy facilities and cities in Saudi Arabia. By 13:54 MSK, Brent was at $98.67 per barrel, and WTI was at $93.97.

#GoldmanSachs #Iran #oil #StraitofHormuz #SaudiArabia #Houthis

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«Vostok Oil» – triumph or Potemkin village of «Rosneft»? What is wrong with the «new Samotlor»

On the weekend, Russian news agencies enthusiastically reported the emergence of a new oil province in Russia. Rosneft head Igor Sechin even compared the commissioning of the Vostok Oil project in Taimyr with the discovery of West Siberian oil in Soviet times. Let’s find out whether this is true.

#VostokOil #Analytics #business #VladimirPutin #WesternSiberia #IgorSechin #oil #aftertheUSSR #Rosneft #sanctions #Taimyr #technology

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Goldman Sachs allowed oil to reach $120 per barrel amid intensified attacks on ships

Goldman Sachs co-head of global commodities research Daan Struyven said on Bloomberg TV that oil could rise to $120 per barrel if attacks on ships in the Middle East intensify. Against this backdrop, Brent rose to its highest level since July and is trading around $97 per barrel.

#GoldmanSachs #Iran #IslamicRevolutionaryGuardCorps #oil #StraitofHormuz #USA

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Sechin stated Rosneft’s plans to begin shipments of 30 million tons from Vostok Oil in the second half of 2027

Rosneft plans to reach shipments of 30 million tons of oil from the Vostok Oil project in the second half of 2027, said company head Igor Sechin. He made the statement at the ceremony marking the start of shipments of the first oil from the project.

#VladimirPutin #EastOil #Krasnoyarskregion #oil #Rosneft #NorthernSeaRoute #Sechin #Taimyr

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US and Israeli Military Operation Against Iran: What This Means for the Global Economy

A tanker is burning in the Strait of Hormuz, iconic skyscrapers are ablaze in the UAE, and a port is on fire in Oman… Iran has announced strikes on American bases in neighboring countries, but is targeting the most sensitive sites for its neighbors. If the hostilities drag on, the consequences could be felt worldwide.

#2026 #AmericanIsraeliIranian #Analytics #war #Israel #Iran #theproperty #oil #UnitedArabEmirates #SaudiArabia #USA #transport #tourism #consequences

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Russia Lost Its Wallet in Serbia: Its Oil and Gas Company NIS Went to Hungary and the UAE

For almost a year, Russia was engaged in selling the Serbian oil and gas company NIS, which is controlled by Gazprom. During this time, the actions of the Russian side brought Serbia to the brink of a fuel crisis. This story could completely change Russia’s role in the Balkans.

#Analytics #Balkans #Hungary #gas #Gazprom #europe #oil #uae #Russia #sanctions #Serbia #USA #fuelcrisis

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