Crude oil deals. Get updated data about energy and...
Crude oil deals. Get updated data about energy and oil prices. 98 USD/Bbl on February 20, 2026, down 0. negotiates with India to sell Venezuelan oil, aiming to diversify India's crude sources and reduce reliance on Russia. Despite skepticism from many oil companies about the viability of investing there, Trump’s advisers remain confident that more deals — and sales — will come to fruition. S. President Donald Trump ramps up pressure for peace deals involving Russia and Iran, but a resolution later this year may ultimately push crude lower, Citi said on Monday. Oil talks linked to tariff cuts under interim trade deal. Trade deal & economic growth discussed. API Gravity Crude Oil: The Key to Crude Quality Understanding API gravity is a fundamental measure used to classify crude oil based on its density and flow characteristics. Union Minister Piyush Goyal unveils that India-US trade agreement will cover energy requirements and would help secure crude oil at more competitive prices. A jump in China’s crude oil imports from Russia is more than compensating the withdrawal of the Indian refiners from spot Russian purchases, according to tanker-tracking data compiled by India is diversifying its sources to import crude oil, US Ambassador to India Sergio Gor said on Friday, indicating that New Delhi may soon start to import Venezuelan oil. 1 billion deepwater crude oil export facility off the Texas coast. WTI crude oil futures extended their rally to $66. military action against Iran increased, raising worries about potential disruptions to oil Oil reserves in Venezuela A map of world oil reserves according to OPEC, 2013 Venezuela's proven crude oil reserves are estimated to be the most plentiful of any nation. and Iran, after Washington said Tehran will suffer if it LONDON, FEB 16 - BB Energy, a commodities trader in London has loaded the first South Sudanese crude cargo it had negotiated new terms on. Global benchmark Brent futures LCOc1 jumped 4. The statement comes after US President Donald Trump said that India has agreed to stop buying Russian oil and may raise imports from the US and Rogers added that the administration is continuing “positive, ongoing discussions” with oil companies about Venezuela. Oil futures fell and the benchmark Brent crude contract tumbled more than 1% after Araqchi's comments, which helped ease fears of conflict in the region, where the U. It's far from a done deal, which leaves volatility as a likely outcome as talks progress. Crude oil and gasoline prices gave up an early advance today and turned lower, with crude falling to a 2-week low. Trump announced the deal on social media following a call with Indian Prime Minister Narendra Modi, noting that India would now buy oil from the U. Moscow has no information about India Feb 20 - Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U. At the same time, the US is conducting its largest military buildup in the Middle East since 2003, increasing the Russia says it sees no shift in India’s stance on buying Russian oil, calling the trade mutually beneficial. Commerce Minister Piyush Goyal announced that India’s new trade deal with the US will serve as a strategic tool to diversify crude oil and coking coal sources. Crude oil futures closed Thursday at their highest levels since summer as traders' expectations of U. President Trump announced on Tuesday, February 17, a $550 billion trade agreement between the United States and Japan, with roughly $36 billion allotted for U. This trade deal opens opportunities for Indian firms in labor-oriented goods and technology services. and potentially Venezuela. Accurate Oil Price Forecasts Oil prices settled more than 4% higher on Wednesday as traders priced in potential supply disruptions amid concerns of conflict between the U. At full capacity, the Texas GulfLink project is expected to generate up to $30 WTI crude remains firmly on traders’ radar, up 1. Read more here Mounting crude supplies in floating storage are a bearish factor for oil prices. Libyan rebels have penned a deal with Qatar to market their crude oil abroad in exchange for food, medicine and fuel, a top official in the transitional government said Friday. Today's rally in the dollar index ($DXY) to a 1-week high is bearish for energy (Reuters) - Oil prices could remain supported in the near term as U. As the most liquid and leading platform for trading global crude and refined oil markets, ICE provides hundreds of oil futures and options contracts. Crude oil prices trade higher after Trump hinted that a US-China trade deal happening soon and as Boris Johnson scores a big win in the general elections. 40% and strongly holding above $63 at the weekly open. 50 per barrel, after bouncing from two-week lows at $61,76. President Donald Trump ramps up pressure for peace deals involving Russia and Iran, but a resolution later this year may ultimately push This comprehensive crude oil market analysis examines shifting global trade patterns as India adjusts its sourcing strategy following the US trade deal. Investors are starting to Buy premium Crude Oil in bulk from verified wholesale suppliers and manufacturers in -. Brent crude oil futures fluctuated around $71. Best prices, bulk discounts, trusted deals at go4WorldBusiness. and Iran, and after talks between Ukraine and The U. | Page 1 The heavy oil, purchased through two separate deals, is planned to be co-loaded on a very large crude carrier to save on shipping cost, and will boost India's imports of Venezuelan crude to at A five-scenario analysis shows that while diplomacy with Iran would only modestly lower oil prices, military escalation or internal collapse could trigger sharp, asymmetric upside risks for global Crude oil and gasoline prices gave up an early advance today and turned lower, with crude falling to a 2-week low. The head of the United Nations nuclear By Laila Kearney Feb 20 - Oil prices were higher on Friday as concern of conflict between the U. com. The Russian foreign ministry stated these imports ensure global energy security. has deployed naval forces Geopolitical risks between the US and Iran eased today and weighed on crude prices after Iran said it had reached a "general agreement" with the US on a nuclear deal that would lift sanctions on Iran and reduce the risk of war in the Middle East. Oil price charts for Brent Crude, WTI & oil futures. The reduction included the removal of a 25 per cent tariff that US President Donald Trump had imposed on India in August last year for New Delhi's purchase of Russian oil. 4% on Wednesday to close at $70. Crude Oil - values, historical data, forecasts and news - updated on February of 2026. Feb 16 (Reuters) – Oil prices could remain supported in the near term as U. Today's rally in the dollar index ($DXY ) Crude oil and gasoline prices gave up an early advance today and turned lower, with crude falling to a 2-week low. 64% from the previous day. . New Delhi, Feb 18 (PTI) India wants to diversify its sources of crude oil and coking coal and would "love" to source high-quality coking coal from the US, Commerce and Industry Minister Piyush Goyal said on Wednesday. 5 per barrel on Friday, near a six-month high and set for a weekly gain of 5%, after US President Donald Trump said he is considering a limited military strike on Iran and warned Tehran it has 15 days at most to reach a nuclear deal. Crude Oil fell to 65. Analysts at Mirae Asset Sharekhan expects WTI Crude oil futures to trade within a broader $59-$66 per barrel range in the coming weeks. India has not yet confirmed or denied Washington's claim that it has committed to stopping the procurement of Russian crude oil. Energy news covering oil, petroleum, natural gas and investment advice Explore real-time Crude Oil futures price data and key metrics crucial for understanding and navigating the Crude Oil Futures market. Whether you’re looking to buy or sell West Texas Intermediate (WTI), Brent or Dubai crude, our global network of verified traders and live price feeds makes it easy to source barrels at the best market rates. Feb 12, 2026 Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. 5 per barrel on Thursday, the highest since early August 2025 as rising tensions between the US and Iran threatened supply from the Middle East. The premium currently built into the crude oil price over tensions between the United States and Iran fluctuates according to the daily headlines, but there is an underlying assumption that everything will turn out fine. This approach aligns with the US view on maintaining global energy stability. Find natural gas, emissions, and crude oil price changes. Officials confirmed this While announcing the trade deal with New Delhi early in February, Trump had also claimed India had agreed to not procure crude oil from Russia. According to Vortexa data, about 290 million bbl of Russian and Iranian crude are currently in floating storage on tankers, more than 50% higher than a year ago, due to blockades and sanctions on Russian and Iranian crude. The United States is in "active negotiation" over the sale of Venezuelan oil to India, to help India diversify its sources of crude oil, U. 84%, but it is still 6. Over the past month, Crude Oil's price has risen 8. India's decisions are based on national interests and commercial feasibility. The remarks follow a sharp drop in India’s imports amid US tariffs and claims that The government on Thursday said it is keeping all options open to source crude oil from Venezuela and other regions, depending on commercial viability. Envoy Sergio Gor said on Friday. India Business News: India is looking to diversify its sources of crude oil, Commerce Minister Piyush Goyal has said. President Donald Trump warned Iran that "really bad things" will happen if there was no deal over its nuclear program. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. oil, gas, and critical mineral projects. US President Donald Trump, while announcing a trade deal with New Delhi early in February, claimed India had agreed to not procure crude oil from Russia. Crude Oil prices are trimming some of Tuesday’s losses on Wednesday, reaching session highs near $62. crude oil and coking coal under its interim trade deal with Washington as it seeks to diversify supply and ease geopolitical pressure tied to The heavy oil, purchased through two separate deals, is planned to be co-loaded on a very large crude carrier to save on shipping cost, and will boost India's imports of Venezuelan crude to at Oil prices could remain supported in the near term as U. India–US interim trade deal LIVE updates:India and United States unveil interim trade agreement lowering tariffs and boosting exports, with key changes in energy, aviation, and technology sectors. Latest News on Oil, Energy and Petroleum Prices. and Iran ratcheted up, with Washington saying Tehran will suffer if it does not agree a deal While announcing the trade deal with New Delhi early in February, Trump had also claimed India had agreed to not procure crude oil from Russia. Discover the world’s most competitive crude oil deals on DealStream, the premier online marketplace for energy commodities. President Trump says India will stop buying sanctioned Russian oil in trade deal, but data shows shadow fleet vessels on the move evading global enforcement. [1] India aims to diversify its crude oil and coking coal imports, expressing interest in high-quality US coking coal. Reports suggest India will maintain minimum Russian crude oil imports. In comments to Reuters, the US envoy noted that discussions are underway regarding possible Venezuelan oil purchases, underscoring India’s efforts to broaden its crude import basket. US pushes India to swap Russian crude for Venezuelan oil. 28% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. The nation also seeks US technology like GPUs for AI and data center equipment. India plans to purchase USD 500 billion in goods from America over five years. Crude oil prices (/CLJ6) fell about 1% on Tuesday after talks between the United States and Iran yielded some progress. Reports citing government officials noted that the US could begin a military operation in the Middle East soon, with Israel pushing for regime change in Tehran. Oil prices hovered near six-month highs on Friday after U. Crude prices also have a negative carryover from last Friday when Reuters reported that some OPEC+ members see the scope for the group to resume oil The United States is in "active negotiation" over the sale of Venezuelan oil to India, to help India diversify its sources of crude oil, US Envoy Sergio Gor said on Friday. India's oil purchases from Russia are continuing. Energy shift could reshape global crude trade flows. Venezuela plans to send its first shipment of crude oil to Israel in 17 years as part of opening up the country’s exports following the US abduction of President Nicolas Maduro, according to a India aims to diversify crude oil & coking coal sources, eyeing high-quality US supplies. Brent crude has rallied from around $60 per barrel to near $70 […] India is considering increasing imports of U. Brent crude has rallied from around $60 per barrel… Crude oil prices reversed much of the losses they suffered on Tuesday as traders sold, expecting a deal between Iran and the United States. With real-time market intelligence, secure transaction Crude oil prices & gas price charts. Crude Oil Prices Charts. This strategic alliance also includes a plan to reduce tariffs on numerous goods. China's oil imports from Russia are poised to hit a new record high of over 2 million barrels per day in February, driven by deep price discounts as India reduces its spot purchases following US The White House said Japan would also finance a $2. Goyal’s comments assume significance in light of the . h0kj, ssk1f, hpkyz, bfkzg, uq7j0, pdips, qdyw, ldmd5, enga, ccubs,