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You Searched For "russia crude oil" and got 17 results


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Russia's seaborne crude exports surge to an 8-month high, thanks to shipments to China and India

Russia's crude oil exports rose 30% to 3.8 million barrels a day in the week ending January 13, mar…

Huileng Tan   


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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   


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China's largest oil trader is hiring tankers to carry even more discounted Russian crude

China is escalating its efforts to import cheap Russian oil by sea, with ESPO crude trading at a si…

George Glover   


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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…

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Huileng Tan   


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Russian oil has been selling for 32% less than Brent crude, and the discount could continue widening amid new sanctions

Russia's Finance Ministry said a barrel of Urals, the country's primary export blend, sold for $73.…

Brian Evans   


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Oil tumbles 15% from 14-year high as Ukraine president says he's open to compromise with Russia

Brent crude oil surpassed $131 a barrel on Wednesday before reversing lower. Ukrainian President Ze…

Carla Mozée   


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India's crude oil imports continue to slip after earlier surge from cheap Russian supplies

Crude oil imports totaled 19.21 million tonnes in June, down from 19.6 million in May and 21.47 mil…

Phil Rosen   


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China and India are buying so much Russian oil that Moscow's now selling more crude than it was before invading Ukraine

India alone has gone from being a sporadic buyer of Russian crude to now relying on Russia to meet …

Phil Rosen   


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Winter winds are freezing Russia's crude oil shipments to China

Icy winds and freezing temperatures disrupted Russian oil flows from a key Pacific port, bringing a…

Aruni Soni   


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Oil prices march back towards $110 as peace talks stall and Russia continues pounding Ukrainian cities

Russia and Ukraine officials say they met for negotiations, but their positions remain far apart, g…

Shalini Nagarajan   


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Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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Iran is cutting its oil prices to compete with cheap Russian crude for Chinese buyers: report

Russian crude currently trades at a $20 a barrel discount, so Tehran is cutting prices to compete i…

George Glover   


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Russia's main oil product is trading way below the $60 price cap as just a handful of buyers keep up trade with the heavily sanctioned nation

Russia's Urals grade, the nation's largest crude oil export, traded at its Baltic Sea port at just …

Jennifer Sor   


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Russia is drawing down its reserves of Chinese yuan to close budget gaps created by falling oil and gas revenue

Russia sold $47 million worth of Chinese yuan from foreign currency reserves on January 13 to buy r…

Brian Evans   


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Russian crude exports are rising despite pledge to cut, helping keep oil prices in check

October's seaborne crude exports from Russia exceeded its target by 300,000 barrels per day, Rystad…

Filip De Mott   


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Russia is selling record amounts of crude oil to India to plug the gap in its energy exports after the EU ban

Indian imports of Russian oil hit a record 1.2 million barrels a day in December, and 1.3 million b…

Jennifer Sor