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A service for energy industry professionals · Wednesday, May 21, 2025 · 814,612,746 Articles · 3+ Million Readers
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United Kingdom & Ireland Oil Prices News Monitoring

  • Published on May 20, 2025

    UK sanctions British accountant over alleged Russian ship deals

    The UK sanctioned an English accountant for allegedly helping Russia expand the fleet of tankers it uses to covertly ship crude around the globe. It’s part of a broader effort by the UK and European Union to clamp down on Russia’s use of a so-called shadow …

    Source: Hindustan Times - Indeterminate
  • Published on May 20, 2025

    Oil Prices Remain Rangebound as Geopolitical Catalysts Loom

    While oil markets have calmed somewhat at the start of this week after a period of intense volatility, developments in either Ukraine or Iran might soon spark another significant move. Rome will host the fifth round of US-Iran talks this upcoming weekend, …

    Source: Oil Price - Neutral
  • Published on May 20, 2025

    EU and UK tighten sanctions on Russia despite US warning against hindering peace talks

    EU and UK tighten sanctions on Russia despite US warning against hindering peace talks On May 20, the European Union and the United Kingdom escalated their economic pressure on Russia by imposing a new wave of sanctions aimed at further isolating Moscow …

    Source: Weekly Blitz - Pending
  • Published on May 20, 2025

    UK Imposes Sanctions On Russia Targeting Military, Financial Sectors

    Home Russia UK Imposes Sanctions On Russia Targeting Military, Financial Sectors Britain said the sanctions against 100 new targets follow Russian drone attacks over the weekend against Ukrainian cities, the biggest drone onslaught of the war. The United …

    Source: StratNews Global - Indeterminate
  • Published on May 20, 2025

    Oil Climbs on Report That Israel Is Preparing to Strike Iran

    (Bloomberg) -- Oil jumped following a CNN report that new US intelligence suggests Israel is preparing for a potential strike on Iranian nuclear facilities. Most Read from Bloomberg Brent crude rose above $66 a barrel while West Texas Intermediate surged …

    Source: Yahoo Finance - Center-left
  • Published on 04:18 GMT

    North Sea oil and gas assets in demand amid warnings of exodus from area

    The warnings were reinforced this month after Harbour Energy said it planned to axe 250 jobs citing the continued challenging fiscal and regulatory environment. However, Ithaca Energy appears to have decided that the time is right to expand in the North …

    Source: The Herald (Scotland) - Center-left
  • Published on 01:40 GMT

    Oil prices ease on geopolitical uncertainty

    NEW YORK: Oil prices fell on Tuesday due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top crude-importer China’s economy. Brent futures were down 42 cents, or 0.6%, to $65 …

    Source: Business Recorder - Neutral
  • Published on May 20, 2025

    UK hits Russia's military, financial, energy sectors with new sanctions

    By Sam Tabahriti UK hits Russia's military, financial, energy sectors with new sanctions LONDON -Britain announced wide-ranging new sanctions targeting Russia's military, energy and financial sectors on Tuesday, ramping up pressure on Moscow in …

    Source: Hindustan Times - Indeterminate
  • Published on 02:47 GMT

    Big Oil Shrugs at $60 Crude—for Now

    The biggest international oil firms used the first-quarter earnings calls to reassure investors that Big Oil is in a ‘business as usual’ mode at oil prices at $60 per barrel. As ExxonMobil, Chevron, Shell, BP, and TotalEnergies reported their Q1 earnings …

    Source: Oil Price - Neutral
  • Published on May 20, 2025

    Oil prices little changed on geopolitical uncertainty, weak China demand signals

    [NEW YORK] Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top crude importer China’s economy. Brent futures slid 16 US …

    Source: The Business Times Singapore - Neutral
  • Published on May 20, 2025

    REVEALED: Now There’s Proof That the Fossil Fuel Industry Uses Cultural Sponsorships to Block Climate Action

    In the fall of 2017, the American Petroleum Institute (API) sponsored a workshop for Pennsylvania Girl Scouts, featuring “activities that mimicked work in the energy industry.” Each scout left with a “coveted patch and a greater understanding of natural …

    Source: DeSmog - Left-wing
  • Published on 04:09 GMT

    Britain announces new sanctions on Russia

    LONDON - The British government on Tuesday announced a raft of 100 new sanctions targeting the Russian military, energy, financial sectors and those conducting information operations against Ukraine. Britain said it was also working to lower the 60 US …

    Source: China Daily Global - Gov't Propaganda
  • Published on May 20, 2025

    Ukraine Pushes G7 to Cut Russia’s Oil Cap to $30 as Revenues Tank

    Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the current $60, in a bid to tighten the financial screws on the Kremlin as its war drags into a third year. Foreign Minister Andriy Sybiha made the case in …

    Source: Oil Price - Neutral
  • Published on May 20, 2025

    6.6pc rise in gas prices okayed

    ISLAMABAD: Criticising the IMF-led gas disconnection of industrial captive power plants, the Oil and Gas Regulatory Authority (Ogra) on Tuesday determined about 6.6 per cent (Rs117 per unit) increase in prescribed natural gas prices to meet about Rs890 …

    Source: Dawn - Center-left
  • Published on 01:41 GMT

    UK and EU Increase Sanctions on Shadow Fleet Tankers and Enablers

      Citing the new waves of drone attacks on Ukraine despite the reported progress made during a call between Donald Trump and Vladimir Putin, the UK and European Union pushed forward with additional sanctions targeting more shadow fleet tankers as well as …

    Source: The Maritime Executive - Pending
  • Published on May 20, 2025

    Tory Shadow Minister Launches Oil Consultant’s Anti-Net Zero Report

    The Conservative Party’s shadow energy minister has backed a report attacking green policies written by a fossil fuel analyst who has close ties to climate science denial groups. On Monday, Lord Offord of Garvel helped to launch the report through a …

    Source: DeSmog - Left-wing
  • Published on May 20, 2025

    Ukraine Urged The EU To Lower The Ceiling Price For Russian Oil To $30 Per Barrel

    5 Ukraine's foreign minister asked to tighten economic pressure on the Kremlin. Ukrainian Foreign Minister Andriy Sibiga has called on the European Union to tighten economic pressure on Russia, in particular - to lower the ceiling price for Russian oil …

    Source: Charter 97 - Center-left
  • Published on May 20, 2025

    EU, UK Unveil Fresh Sanctions on Russia’s Shadow Fleet, Banking Firms

    The EU approved its 17th sanctions package against Russia, targeting nearly 200 shadow fleet vessels.  European Commission Vice-President Kaja Kallas announced the package on X without elaborating on the package at the time of publication.  Apart from …

    Source: Kyiv Post - Indeterminate
  • Published on May 20, 2025

    Over 10% of the tanker fleet is now sanctioned following latest EU and UK measures

    THE addition of nearly 300 ships to sanctions lists in the EU and UK this month has tipped the total number of tankers subject to restrictions to more than 10% of the global tanker fleet. The addition of almost 200 ships in the EU’s most recent package of …

    Source: Lloyd's List - Pending

05 days 22:43:35

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