You Searched For "oil ban" and got 16 results
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1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
2 mins read
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a stu…
Jennifer Sor
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
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
3 mins read
These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says
A Trump win might give stocks a boost, but getting past the election and moving on from the uncerta…
Kelly Cloonan
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
1 min read
US sanctions push a key Turkish oil terminal to halt Russian imports
The Dortyol terminal, operated by Global Terminal Services, decided to "cut all possible connection…
Aruni Soni
1 min read
Russia will reportedly ban gasoline exports for 6 months to offset 'excessive' demand for crude products
The ban is meant to address rising domestic demand, and comes ahead of the March presidential elect…
Yuheng Zhan
2 mins read
Russia has never been richer after selling $37 billion in oil to India last year
India purchased $37 billion of Russian oil last year. That's 13 times what it bought before the war…
Jennifer Sor
2 mins read
The inflation report is great news for the prospect of a rate cut
Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…
Max Adams
2 mins read
Sanctioned Russian oil is reportedly finding its way into the US military's supply chain
One of the US military's key oil suppliers has likely been receiving oil originating from Russia, t…
Jennifer Sor
1 min read
US reportedly probes oil tanker firms about possible Russia sanctions violations
The move marks the biggest step of its kind since price caps were imposed on Russian crude, accordi…
Aruni Soni
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
1 min read
Why the world is barreling towards a 'food war,' according to one commodity trader
"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO…
Filip De Mott
1 min read
Oil prices drop further as the global demand outlook turns murky
The latest dip follows a 6% drop on Wednesday, amid concerns about lower demand and slower economic…
Phil Rosen
1 min read
Oil prices drop 6% as worries mount over demand destruction
Satellite imagery suggests that global oil inventories have surged by 30 million barrels in the fir…