The Business Times

oil

Companies & Markets

Oil slips on scepticism about US commitment to Russian oil sanctions

Russian President Vladimir Putin derided the sanctions as an unfriendly act, saying they would not significantly affect the Russian economy and talked up Russia’s importance to the global oil market.
International

Putin defiant after Trump sanctions Russian oil majors over Ukraine

The US Treasury Department said Russia’s two largest oil companies, Rosneft and Lukoil, were targeted in a bid to damage Moscow’s ability to fund its war machine.
International

US sanctions Russian oil companies as Moscow holds nuclear drills

Indian sources said the cut was not visible yet, though it could be reflected in import numbers for December or January.
International

India already cutting Russian oil imports by 50% after US talks, White House official says

For months, Indian Prime Minister Narendra Modi (left) resisted US pressure, with Indian officials defending the purchases as vital to national energy security.
International

Trump says Modi has assured him India will not buy Russian oil

President Trump with Indian Prime Minister Narendra Modi at the White House in February 13. US-India trade talks were suspended briefly in August after the Trump administration announced tariff hikes of up to 50 per cent on Indian goods.
International

India, US to hold trade talks this week in Washington, source says

For the oil-rich US, a collapse in domestic production is an embarrassment, but hardly an emergency.
Opinion & Features

The China ‘put’ in oil markets will reshape the world

OpenAI’s valuation is now at US$500 billion. Can the AI boom keep going?
Podcasts

AI boom, gold rush, oil slump: What Asia’s markets are signalling

Lower borrowing costs typically boost demand for oil and push prices higher.
Companies & Markets

Oil prices slip as robust supply outweighs Fed cut

In a Truth Social post over the weekend, US President Donald Trump said he would impose “major sanctions” on Moscow if all Nato countries stopped buying Russian oil.
International

Europe stumped by Trump demands over Russia sanctions

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