The state refiners in India have not purchased any crude from Russia this week after U.S. President Donald Trump threatened secondary tariffs on the buyers of Russian oil and as discounts of Moscow’s crudes narrowed to alternatives, industry sources with knowledge of the procurement plans told Reuters on Thursday.  Indian Oil Corporation Limited (IndianOil), Bharat...Continue Reading

New Zealand Lifts Offshore Oil and Gas Exploration Ban | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 31, 2025, 9:30 AM CDT New Zealand reopens for oil and gas exploration after the country’s Parliament on Thursday voted to repeal...Continue Reading

Trump Envoy Vows Tougher Russia Oil Sanctions | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jul 31, 2025, 9:00 AM CDT Keith Kellogg, Trump’s special envoy, states that current oil sanctions on Russia have not been fully applied and will “bite” if...Continue Reading

Asian Refiners Pivot to U.S. Crude as Middle East Prices Surge | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 31, 2025, 8:00 AM CDT Rising prices of Middle Eastern...Continue Reading

Non-Oil Growth Drives Saudi Economic Expansion in Q2 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 31, 2025, 7:00 AM CDT Saudi Arabia’s economy expanded by nearly 4% in...Continue Reading

Shell Defies Expectations With Strong Q2 Earnings | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 31, 2025, 6:00 AM CDT Shell (NYSE: SHEL) posted better-than-expected earnings for the second...Continue Reading

U.S. Steps Up Sanctions on Chinese Imports of Iranian Oil | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 31, 2025, 4:30 AM CDT The U.S. has sanctioned a fourth...Continue Reading

U.S. Gives Chevron Green Light to Return to Venezuela | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jul 31, 2025, 3:10 AM CDT The Trump administration granted Chevron a sanction exemption for...Continue Reading

Oil Exports From Brazil to the U.S. Resume on Tariff Exemption | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jul 31, 2025, 2:05 AM CDT Crude oil exports from Brazil to the...Continue Reading

U.S. and Pakistan Seal Oil Development Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 31, 2025, 1:02 AM CDT The United States and Pakistan have inked a trade deal that will involve the joint development of Pakistan’s oil resources. “We have just concluded...Continue Reading