Russia expects India to continue buying its oil, a senior official said, even as the South Asian nation faces higher U.S. tariffs and harsh criticism from Trump administration officials for the trade. SourceContinue Reading

The U.S. Interior Department on Tuesday released its offshore leasing schedule under Trump’s One Big Beautiful Bill, garnering support from several energy sector agencies. SourceContinue Reading

China-India Reset Threatens Trump’s Efforts to Curb Russian Crude | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 20, 2025, 12:00 PM CDT Chinese Foreign Minister Wang Yi’s visit to Delhi produced agreements on trade, aviation, visas, and border management, signaling a...Continue Reading

China’s EVs Surge Into Georgia, Challenging U.S. Car Dominance | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 20, 2025, 11:00 AM CDT Chinese EV imports to Georgia...Continue Reading

Strohm has won a contract to supply four TCP Jumpers for installation in a deepwater field offshore Malaysia. The end customer is a major Southeast Asian operator with international exploration projects. SourceContinue Reading

South Korea’s Petrochemicals Industry to Cut Capacity amid Glut | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 20, 2025, 9:55 AM CDT South Korea is urging its struggling petrochemicals sector to slash excess capacity and restructure operations amid a global glut that has depressed...Continue Reading

Crude oil inventories in the United States decreased by 6 million barrels during the week ending August 15, after growing by 3 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 420.7 million barrels according to government data,...Continue Reading

Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea. SourceContinue Reading

JODI Oil Data Signals Tight Summer Market | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 20, 2025, 9:30 AM CDT Global oil demand jumped in June by more than 1 million barrels per day (bpd) from May, while production growth has half that figure,...Continue Reading

Russia Escalated Strikes on Ukraine Following Zelensky’s White House Visit | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 20, 2025, 9:00 AM CDT Russia launched...Continue Reading