EU Weighing Lifting Syria Sanctions | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 07, 2025, 11:30 AM CST The European Union is currently discussing a deal to partially suspend several sanctions on Syria’s energy industry, including scrapping...Continue Reading

President Donald Trump’s first sanctions against Iran have targeted 3 vessels carrying Iranian crude to China. The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped move Iranian oil to China. They also targeted several entities and individuals across different countries involved in the trade, on behalf...Continue Reading

UK Energy Regulator Backs Controversial Zonal Pricing Idea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 07, 2025, 10:30 AM CST The UK energy market regulator Ofgem favors the idea of introducing zonal pricing in Britain as the best way to move forward, Ofgem...Continue Reading

Back-Channel Talks and Negotiations Fuel Trump’s Ukraine Peace Push | 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 – Feb 07, 2025, 10:00 AM CST U.S. Special Envoy...Continue Reading

India’s Fuel Demand Increased by 3.2% Year-Over-Year in January | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 07, 2025, 9:30 AM CST Fuel demand in India, the world’s third-largest crude oil importer, increased by 3.2% in January from a year earlier, although consumption was...Continue Reading

Trade War Concerns Erase 2025 Gains for Oil Prices | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Feb 07, 2025, 9:00 AM CST Oil prices have given up all of their 2025 gains as trade war concerns continue to weigh...Continue Reading

European Natural Gas Prices Climb Despite Trade Wars | OilPrice.com Premium Content By Editorial Dept – Feb 07, 2025, 8:30 AM CST Chinese Tariff on US Crude Imports to Force Exporters to Look Elsewhere – The Trump Administration’s 10% blanket sanctions on China and Beijing’s retaliatory 10% tariff on US crude imports have failed to...Continue Reading

Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply | 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 – Feb 07, 2025, 8:30 AM CST China’s independent refiners have slashed...Continue Reading

By Editorial Dept – Feb 07, 2025, 8:30 AM CST Trump’s proposed tariffs on Canada and Mexico will trigger changes in North American crude flows, reducing U.S. oil demand by 2026, according to Wood Mackenzie. Further, WoodMac says it expects Trump’s tariffs to shave 50,000 bpd off U.S. oil demand by next year. Mexican exports...Continue Reading

Why Oil Prices Could Go Higher Soon | OilPrice.com Premium Content By Editorial Dept – Feb 07, 2025, 8:30 AM CST One of the supposed divides amongst traders is that between those who rely on technical analysis, the study of charts and price action, and those for whom fundamentals, the basics of supply and demand...Continue Reading