Markets

The US is pressuring India to abandon its purchase of discounted Russian oil, making it a prerequisite for securing a vital trade deal.

US President Donald Trump has called for

With the expansion of the Trans Mountain (TMX) pipeline, crude exports from Canada's Pacific Coast have surged, with China emerging as a key beneficiary.

The Trump Administration's

The US, led by the Trump Administration and Treasury Secretary Scott Bessent, is pushing for aggressive new measures to

The APPEC conference in Singapore, hosted by S&P Global Commodity Insights, focused on a range of challenges for Asia's energy sector.

The country is expected to continue stockpiling crude oil in its strategic and commercial reserves well into 2026, a move driven by long-term energy security rather than a rebound in demand.

Asia's position as the world's largest oil-importing region is shaping global crude oil trade flows.

US refiners are anticipating a market boost from the return of medium and heavy crude supplies from several global sources, which is expected to coincide with their seasonal maintenance.

Russian crude oil deliveries to Central Europe were repeatedly suspended in Aug. after a series of Ukrainian drone attacks on a key pumping station on the Druzhba pipeline system.