Lukoil - Truenewj

Indian refineries move away from Russian oil

truenewj7 months ago05 mins

Oil prices were little changed in the current week, with bearish sentiment still dominating markets after the United States agreed to a one-year truce in its trade war with China, despite reports that Indian refiners are abandoning Russian oil following fresh US sanctions. Brent crude for December delivery was trading at $65.07 a barrel at…

Oil rises almost 5% due to new US sanctions against Russia

amefika8 months ago03 mins

By Enes Tunagur LONDON (Reuters) – Oil prices rose almost 5% on Thursday after the United States imposed sanctions on major Russian suppliers Rosneft and Lukoil over the Ukraine war, extending gains from the previous session. Brent crude futures were up $2.98, or 4.8%, at $65.57 a barrel by 1211 GMT, while U.S. West Texas…