Oil prices edge higher as OPEC+ meeting and US sanctions loom
Tuesday, 2 September 2025 () Global oil markets are operating within a narrow band, with traders closely watching two key developments: the upcoming OPEC+ meeting on production levels and Washington’s next steps in targeting Russian energy supplies. Brent crude hovered near $69.00 a barrel, edging higher after a 1% gain in the November contract during the previous session, while West […]
U.S. President Donald Trump is signaling a tougher stance on Russia as Treasury Secretary Scott Bessent warned that all options remain open for new sanctions amid Moscow’s intensified bombardment of Ukraine. Bessent called Putin’s actions “despicable and defiant,” marking the strongest hint...
OPEC+ agrees to boost oil production by 547,000 barrels per day from September
Eight OPEC+ countries meeting on Sunday agreed on a bump in oil production for September by 547,000 barrels per..
Credit: euronews (in English) Duration: 00:35Published
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned..