Brent crude futures rose 54 cents, or 0.87%, to $62.45 per barrel on Thursday, October 16. U.S. West Texas Intermediate (WTI) crude futures rose 56 cents, or 0.96%, to $58.83. Details are provided by Reuters.
Contracts stabilized after reaching their lowest level since early May in the previous session due to trade tensions between the United States and China.
US President Donald Trump said on Wednesday, October 15, that Indian Prime Minister Narendra Modi promised to stop buying oil from Russia, which is the largest supplier to the Indian market.
Some Indian refineries are preparing to reduce imports of Russian oil, expecting a gradual decline, three sources familiar with the situation told Reuters. But the Indian authorities responded by saying that the main goals of New Delhi are to ensure stable energy prices and reliable supplies, without mentioning Trump's comments.
Now Yalta: after the APU attack, light and water disappeared in the city, a residential building was damaged
FSB DSP: a Ukrainian agent with a bomb was detained at the entrance to the subway in St. Petersburg
Emigrant reindeer, Callas and naive Carlson, poor Armenians: morning coffee with EADaily
Do I understand correctly?.. Zakharova appreciated Zelensky's dismissal of Syrsky and Fedorov
The retired major of the US Armed Forces called for the destruction of the port of Odessa and hitting the dams
Sent by mail: employees of the Armed Forces of Ukraine began to return their state awards to Zelensky