Business Operation - Oil trader Litasco is starting to terminate jobs [1] Sanctions & Regulations - US sanctions are to come into effect in days [1]

Group 1 - The oil market is increasingly unbalanced with global inventories continuing to rise [1] - A larger surplus in the oil market is expected this year according to the Paris-based organization [1]

Demand Forecast - A top oil forecaster's certainty about demand growth plateauing is weakening [1] Market Analysis - The report suggests a shift in expectations regarding future oil demand [1]

Core Insights - Oil prices are experiencing a slight decline as investors await important industry reports that will provide further insights into the supply-and-demand outlook [1][2] Group 1: Oil Market Overview - Brent crude oil prices decreased by 0.6% to $64.78 per barrel, while WTI crude oil prices fell by 0.7% to $60.64 per barrel [1] - The previous trading session saw benchmarks settle more than 1.5% higher, influenced by concerns regarding the impact of U.S. sanctions on Russian oil flows and increases in distillate futures [2]

Serbia's energy reliance on Russia comes unstuck facing US oil sanctions https://t.co/jrfbHrORPT ...

Core Insights - Ameerex Corporation has officially entered the U.S. energy market through a strategic joint venture with a British energy partner [1] - The company has acquired an initial 40% equity stake in Falcon Caddo Venture LLC, which operates the Rasberry Unit Field Project in Texas [1] - Production is projected to reach approximately 5,000 barrels of oil per day (BOPD) by mid-2026 [1] Company Developments - Ameerex Corporation, formerly known as HIRU Corporation, is expanding its operations in the energy sector [1] - The joint venture is structured to allow for increased equity participation during subsequent development phases [1] Industry Impact - The partnership with Falcon Caddo Venture LLC signifies Ameerex's commitment to the U.S. energy market [1] - The anticipated production increase aligns with broader trends in energy production and investment in the sector [1]

Oil Market & Exports - Russia's seaborne oil exports decreased for the third consecutive week [1] - Declining oil prices are negatively impacting Russia's revenue [1] Geopolitical Impact - Ongoing attacks on refineries are contributing to the economic pressure on Russia [1] - Reduced oil revenue affects Vladimir Putin's war funding [1]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in relation to investments and financial instruments [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research before making investment decisions, especially regarding instruments they do not fully understand [1].

Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil. It's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down.You know, we're making a deal with India, much different deal than we had in the past. So, right now they don't love me, but they'll love us again. Uh we're getting a fair deal, just a fair trade deal.We had pretty unfair trade deals. They're very good negotiators, sir. Just you have to take a loo ...

Core Points - The article discusses the importance of enabling Javascript and cookies in browsers to avoid access issues [1] - It highlights that ad-blockers may prevent users from proceeding to the desired content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to access restrictions, necessitating their temporary disablement [1]