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A Look at Top Buyers of Russian Oil

NBC News on MSN · 13m

Trump hikes India tariffs to 50% for buying Russian oil

In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases, imports of Indian goods into the United States "shall be subject to an additional ... rate of duty of 25%."

The New York Times · 2h

Trump to Double India’s Tariff as Punishment for Buying Russian Oil

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

Politico on MSN · 6h

US to hike tariffs on India to 50 percent over Russian oil purchases

If secondary sanctions lead to a 10 percent drop in Russia’s oil exports, that could increase the price of Brent crude oil by $6 from its current level of about $71 per barrel, while a 20 percent drop could cause prices to spike by $11, Brooks and Harris wrote.

BP Makes Biggest Oil Discovery in 25 Years

BP to review oil and gas projects to boost profits

BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to shift away from renewables and back to fossil fuels. Chief executive Murray Auchincloss said the UK-based firm would review how it manages its oil and gas assets and will consider cost cutting plans to boost returns for shareholders.

Chron on MSN · 7h

BP announces major oil-and-gas discovery in Atlantic Ocean

The British company BP, which maintains its U.S. headquarters in Houston, announced Monday it may have found a staggering amount of oil and gas in the Santos Basin oil field about 218 nautical miles from Rio de Janeiro,

TheStreet on MSN · 1d

BP announces oil and gas discovery

The new resources were found in Brazil.

The Economist2h

If America goes after India’s oil trade, China will benefit

A bill vowing levies of up to 500% on countries that buy Russian oil is making its way through Congress. Meanwhile, the ...

3h

India-US spat over trade and oil threatens wider fallout

U.S. President Donald Trump's tirade against India over trade and Russian oil purchases threatens to undo two decades of ...

1h

U.S. Oil Rallies But Shows Indecision Within Established Range

The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+ cartel trying to change things up) ...

6hon MSN

U.S. Crude Oil Stockpiles Fall As Imports Slip, Exports Rise

U.S. crude oil inventories fell by 3 million barrels last week as imports dropped, exports rose, and refineries raised their ...

1h

Wall Street gains, as oil ends lower in volatile trade

Wall Street indexes gained on Wednesday on largely upbeat corporate earnings, and U.S. yields also rose, while European ...

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