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2 mins read
Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas pu…
Huileng Tan
2 mins read
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject…
Mikhaila Friel
2 mins read
Germany warns a Russian oil ban will harm Europe's economy, even as it backs an embargo
EU member states are currently debating a ban on Russian oil imports, which could cut off vital fun…
Harry Robertson
2 mins read
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
2 mins read
Europe is almost out of local olive oil supplies as extreme weather takes a toll on harvests
Extreme weather has hurt another year of olive harvests in Europe. To deal with olive oil shortages…
Aruni Soni
3 mins read
As Europe scrambles to ditch Russian oil, the US is shaping up to fill that gap, thanks to its ‘super suitable’ cheaper crude, Vortexa says
"The US will rank highly, that's natural, given its size, and its proximity and also the crude qual…
Hamza Fareed Malik
3 mins read
A European ban on Russian crude risks Moscow using the natural gas 'power tool' in its arsenal, Vortexa said
Russia is a major producer of energy and makes billions from its exports. The EU is its biggest cus…
Hamza Fareed Malik
3 mins read
Europe wants to ban Russian oil, but cutting off supplies is an economic and political nightmare
The European Union is finally seriously considering banning Russian oil, but the costs are likely t…
Harry Robertson
2 mins read
Europe will ban insurance for Russian oil cargoes in the strongest blow yet to Putin's war machine, reports say
Russian oil exports to the rest of the world could tumble under the reported plans, with similar sa…
Harry Robertson
2 mins read
The US has super-sized its crude oil deliveries to Europe to help replace missing Russian supply
Supertankers will likely play an increasingly larger part in moving that crude from the US to Europ…
Hamza Fareed Malik
2 mins read
An embargo on Russian oil would trigger a recession in Europe and investors are underpricing disruptions to energy supplies, Barclays says
"Any restrictions of flows would put further pressure on energy prices and could even result in rat…
Carla Mozée
2 mins read
European leaders reach an agreement on a Russian oil ban, a significant measure aimed at cracking down on Moscow
The ban will cut some 90% of oil imports from Russia to the EU by the end of 2022, the European Com…
Rebecca Ungarino
3 mins read
A ban on Russian crude is the EU's easiest choice from a bunch of hard sanctions options, an influential energy markets historian says
"The hardest thing, of course, is natural gas," Dan Yergin said about the EU's options for fresh sa…
Shalini Nagarajan
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
3 mins read
Europe's ban on Russian oil cargoes is just weeks away. Here's what's happening – and how it will bedevil Moscow's exports elsewhere.
The forthcoming EU ban on Russian oil shipments will impact Moscow's energy exports in several ways…
Zahra Tayeb
4 mins read
The US is set to ban Russian energy exports, as Europe mulls its options over oil and gas. Here's what that might do to the global market.
The US isn't as dependent on Russia for oil as Europe, but a ban would still require a significant …
Shalini Nagarajan
2 mins read
Oil surges almost 20% to near $140 a barrel as US and Europe weigh ban on Russian imports
Surging crude-oil prices have sent prices up at the pump, with US gas prices jumping to around $4 a…
Huileng Tan
2 mins read
Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…
Cameron Manley
4 mins read
Europe is closing in on Russian oil sanctions, but looks set to stop short of a full-blown ban. Here are 3 charts to explain why.
Here's a look at the energy trade between Europe and Russia as the EU closes in on oil sanctions &m…
Adam Morgan McCarthy
2 mins read
A former Lukoil boss said an EU ban on Russian oil would bring the worst outcome for both sides
A former boss of Russia's second largest oil group said an EU ban would be "a shock for everyone. R…