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Russian Crude Piles Up but Oil Prices Refuse to Move
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices remain stagnant despite the expected impact of Rosneft/Lukoil sanctions, as Russian crude piles up at sea. TotalEnergies' move to acquire power generation assets in Europe contrasts with its consideration of selling renewable energy assets. This development may indicate a shift in the company's focus.
Market Impact
Market impact analysis based on neutral sentiment with 63% confidence.
Sentiment
Neutral
AI Confidence
63%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The oil market’s main bullish driver is the Rosneft/Lukoil sanctions, but so far they’ve only led to a buildup of Russian crude at sea. Total’s Power Move Questions Oil Majors’s Renewable Pull-Out - France’s national oil champion TotalEnergies (NYSE:TTE) has agreed to purchase a 50% stake in Western European power generation assets held by the Czech billionaire Daniel Kretinsky. - TotalEnergies committed to European power assets just as it was reported to be considering selling some of its renewable energy assets…
Original article published by
OilPrice.com
on November 18, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.