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HomeInternational News

International News

Crude Oil News

Russia’s oil exports have decreased modestly since 2022, shifting toward Asia

August 8, 2025 Mariel Alumit

Data source: U.S. Energy Information Administration analysis based on Global Trade Tracker, Argus, and Vortexa Note: Data for 2025 are preliminary. 1H25=first half of 2025. figure data From 2020 to 2024, crude oil and condensate exports from Russia […]

China’s gas imports
Imports

China’s gas imports down in July

August 8, 2025 Mariel Alumit

The data from the General Administration of Customs shows that natural gas imports reached 10.63 million tonnes in July. This compares to 10.86 million tonnes in July 2024 and 10.54 million tonnes in June 2025. Are you from California or […]

Crude Oil News

Trump slaps India with new tariffs over Russian crude ties

August 8, 2025 Stu Turley

U.S. President Donald Trump has signed an order imposing an additional 25% tariff on goods from India, in response to the country’s continued imports of Russian energy, the White House said on Wednesday, a move […]

Crude Oil News

The Grey or Sadow fleet grows faster than enforcement can keep up

August 8, 2025 Stu Turley

Tankers The growth in the number of sanctioned ships has accelerated over the past year. Analysts at Kpler have been tracking the sanctioned fleet over the past five years. The count of vessels under sanction […]

Big Oil Companies

Aramco eyes large LNG portfolio

August 7, 2025 Mariel Alumit

Nasser answered a question on Tuesday during Aramco’s H1 earnings call on the company’s ambitions in the LNG industry in the next five to ten years. The CEO noted that Aramco agreed to increase its […]

Crude Oil News

EIA Reports Surprise Draw in US Crude Oil Inventories: A Bullish Signal Amid Geopolitical Tensions

August 6, 2025 Clark Savage

Welcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we’re diving into the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report, […]

Crude Oil News

Pakistan Strikes U.S. Oil Deal as Trump Jabs India

August 6, 2025 Clark Savage

In a move that underscores the shifting dynamics of global energy alliances, the United States and Pakistan have inked a significant trade and energy pact aimed at unlocking Pakistan’s untapped oil reserves. Announced by President […]

BP Appoints New Chairman with Experience of Relocation to New YorkBP to Cut 6,000 Jobs in Another Business Review
Big Oil Companies

BP to Cut 6,000 Jobs in Another Business Review

August 6, 2025 Clark Savage

In a move signaling ongoing efforts to streamline operations and boost profitability, British energy giant BP has announced plans to eliminate approximately 6,200 office-based roles this year, marking an increase from its earlier target of […]

Crude Oil News

Oil Prices Climb Slightly as Trump’s Trade Threats Counter Oversupply Fears

August 6, 2025 Clark Savage

In a volatile week for global energy markets, oil prices have edged higher, with Brent crude futures climbing to $68.70 per barrel and West Texas Intermediate (WTI) reaching $65.90 per barrel as of August 6, […]

Geopolitical

Shadow tanker fleet still growing by 30 ships a month despite increased sanctions

August 6, 2025 Stu Turley

RegulatoryTankers Despite a torrent of sanctions from the US, UK, and EU this year, the shadow tanker fleet continues to expand at pace, according to new figures from broker BRS. The so-called grey fleet (see […]

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