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Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
Ships carrying Russian diesel are idling off of Brazil in the latest hold-up for Moscow's energy flows
Russia has admitted recently that secondary sanctions from the West are choking its energy exports.
Yuheng Zhan
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
Ukraine's drone attacks on energy facilities have taken a bite out of Russia's oil exports, industry insider says
Ukrainian drone attacks on energy infrastructure have likely reduced Russian oil exports by hundred…
Mia Jankowicz
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
Crude oil market at the crossroads — S&P Global Commodity insights unveils in-depth 2024 energy outlook
According to S&P Global, against the backdrop of a turbulent global stage, characterized by economi…
ANI
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
Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…
Huileng Tan
Germany's second-largest city is preparing to ration hot water as the Russia energy crisis escalates
Hamburg's environment senator said he could set limits on when people can use hot water and urged p…
Grace Dean
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
Russia is cashing in on soaring oil prices right now, but it may not be able to for much longer — its exports are drying up
Russian seaborne crude shipments to Asia, where China and India are its biggest customers, have fal…
Zahra Tayeb
Ukrainian attacks on Russian oil refineries may be proving the Biden administration wrong, experts say
Defense Secretary Lloyd Austin said in April that attacking Russian oil refineries risked impacting…
Nathan Rennolds
Russia is turning off some of Germany's gas supplies — but the country isn't likely to feel a huge hit
Germany has said that Russian imports could fall to make up just 10% of its natural gas consumption…
Grace Dean
Ukraine says it flew a drone 930 miles into Russian territory to strike an oil refinery
Ukraine says it executed its farthest drone strike yet, hitting a Russian oil refinery 930 miles aw…
Mia Jankowicz
Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war
The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…
Filip De Mott
The US has become the world's top LNG exporter as it funnels supply to European consumers at the mercy of Russia
According to the Energy Information Administration, 71% of US LNG exports went to the EU and UK as …
Zahra Tayeb
Russia's crude oil exports show little sign of slowing, but energy revenue is tumbling
Russia's revenue from gas and oil taxes dropped 26% in June from a year ago, according to the finan…