You Searched For "Russian crude oil" and got 17 results
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2 mins read
Russia becomes biggest supplier of oil to China
China has ramped up purchases of Russian oil despite demand dampened by Covid curbs and a slow…
1 min read
Oil prices reverse higher as US inventories dive while energy giant says OPEC+ output boost isn't enough
The international oil alliance will increase production by 648,000 barrels per day for the two summ…
Phil Rosen
1 min read
Oil prices rise after G7 nations cap the price of Russian crude at $60/barrel
Brent crude added around 1 per cent to above $86 in Asia trading. The move - which could come…
2 mins read
Oil is likely to hit $200 a barrel under the disastrous G7 plan to cap Russian prices, an SEB analyst says
The G7's potential plan to cap Russian energy prices "sounds like a recipe for disaster right now,"…
Harry Robertson
1 min read
China's reliance on Russian oil has soared with more than 1 in 5 barrels of imported crude now coming from Moscow
Chinese imports of Russian crude oil grew in the second quarter of 2022, despite overall imports fa…
Brian Evans
2 mins read
IOC signs first term contract for importing Russian crude oil
Not just a stake in oil and gas fields, India also pitched for getting engineering consultancy. "E…
PTI
1 min read
Shell announces plan to exit Russian oil and gas industry and apologizes for recent purchase of Russian crude oil
Shell's CEO apologized for buying Russian oil and back-tracked on the company's previous position o…
Kate Duffy
1 min read
Germany denies claim it plans to buy Russian pipeline oil next year, and will instead turn to Kazakhstan for supplies
Europe's largest economy has long been dependent on Russian oil imports, but German policymakers ar…
Phil Rosen
1 min read
The US and other countries that sanctioned Moscow are likely importing Russian oil via India, report says
About 308,000 bpd of Indian oil product exports could be attributable to Russian crude inputs, with…
Brian Evans
2 mins read
An EU ban on Russian oil would be a 'seismic shift' that erases 3 million barrels a day from the market, a top forecaster says
Russia will try to ramp up its sales to Asia to compensate but will struggle due to infrastructure …
Harry Robertson
2 mins read
The EU proposes a total ban on Russian oil imports, cutting out crude within 6 months
European Commission chief Ursula von der Leyen said the move would be costly to the bloc's economy.…
Harry Robertson
1 min read
Politically created crude oil surplus is already ending says Goldman Sachs
Fundamentals for crude oil weakened in April-May with modest declines in the Russian exports, recor…
2 mins read
Northern Europe has already slashed Russian oil imports by 90%, 2 weeks before the EU ban kicks in
In the four weeks to November 18, Russia shipped 95,000 barrels of crude a day to the port of Rotte…
Huileng Tan
2 mins read
Oil shippers are hiding Russian cargoes by paying in Chinese yuan, exchanging weapons for crude, and 'going dark'
Carriers can easily mask the origins of Russian oil shipped to sanctions-averse buyers, sparking co…
Zahra Tayeb
2 mins read
Oil shippers are hiding Russian cargoes by paying in Chinese yuan, exchanging weapons for crude, and 'going dark'
Carriers can easily mask the origins of Russian oil shipped to sanctions-averse buyers, sparking co…
Zahra Tayeb
2 mins read
An oil trading company named Bellatrix is one of the under-the-radar firms that has taken over from the big names in shipping Russian crude
Major oil traders have shunned Russian oil after the invasion of Ukraine, paving the way for under-…
Hamza Fareed Malik
1 min read
Researchers say that the oil price cap imposed by Western leaders to limit Russia's ability to fund its war against Ukraine didn't exactly work
A team of academics says that Russian oil exporters have been selling oil at above the $60 market c…