The lack of sanctioning threats in Trump’s meetings impacts crude prices; ICE Brent trades around $66/barrel. Chinese refineries purchase 15 cargoes of Russian crude as Indian imports decline. UK’s Shell transfers stakes to BP, Algeria’s Sonatrach strikes oil in Libya, US utility Black Hills to buy NorthWestern Energy.

US pressures India to stop Russian imports, China increases refined product exports. Iran halts power exports to Iraq, China’s LNG imports decline. Indonesia plans modular refineries, Norway’s LNG terminal shuts down. Brazil halts output at FPSO, Glencore invests in Argentinian copper mines.

Ukraine strikes halt Russian pipeline, ADNOC’s Santos purchase delayed. Trump promises tariffs on steel and semiconductor chips. Peabody Energy cancels coking coal deal, Russia’s LNG project resumes activity.

Read more at Yahoo Finance: Diplomatic Theater Leaves Crude Markets Unmoved