You Searched For "russia crude oil" and got 16 results
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2 mins read
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
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
1 min read
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
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…
2 mins read
Sanctions have forced Russia to cut its oil output by 1 million barrels a day. That's a 'drop in the ocean,' says the world's largest independent oil trader.
Russia produced about 11 million barrels of crude oil a day before it invaded Ukraine, 7 million of…
Huileng Tan
1 min read
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
1 min read
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
1 min read
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
2 mins read
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
1 min read
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
2 mins read
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
2 mins read
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
1 min read
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
1 min read
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
1 min read
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
2 mins read
The EU ban on Russian oil and the $60 per barrel price cap is costing the Kremlin over $170 million a day, think tank says
Russia is losing $170 million a day after the latest sanctions, and losses could mount to $300 mill…