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Hosted on MSNRussia faces looming oil crisis as US sanctions hit its shadow fleet, Bloomberg reportsUS sanctions targeting Russia’s oil fleet are creating serious risks for the country’s export capabilities. Source: Bloomberg ...
Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.
Russia’s flagship crude oil has dropped back below a price cap of $60 a barrel for the first time since December, one of ...
The southern Druzhba route via Ukraine saw total Russian oil flows to the EU member states decline by 15% to 11.5 million tons last year, according to Vedomosti’s sources. This equals about 230,300 ...
Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.
Russia’s proceeds from oil in the state budget in January were near a one-year low due to weaker global crude prices and ...
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...
Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by ...
Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.
India imported 1.67 million barrels per day (bpd) of crude oil from Russia—up 13 percent from December 2024—showed data from ...
Freight costs have been halved for cargoes of Espo crude moved out of the Kozmino terminal, traders told Reuters. Rates had ...
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