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3 mins read
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
1 min read
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
2 mins read
Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says
Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…
Jennifer Sor
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
2 mins read
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, …
Filip De Mott
1 min read
Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
1 min read
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
2 mins read
Stock market today: US stocks end higher to hit a 4-month winning streak as soft landing hopes rise
Looking ahead, investors will be eagerly awaiting the August jobs report, due out next Friday. Expe…
Matthew Fox
1 min read
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
2 mins read
Stock market today: US stocks rise on solid earnings and in-line inflation reading
Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…
Matthew Fox
1 min read
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
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
5 mins read
She grew up in Ukraine, studied accounting, and joined the army. But since Russia invaded, she did a hard career pivot — twice.
The war has created a big need for blue-collar workers in Ukraine. Women, like 32-year-old Yuliia …
Shubhangi Goel
1 min read
10 million barrels of Russian oil are stuck with nowhere to go
14 cargo tankers are stranded off the coast of South Korea, highlighting Russia's continued struggl…
Filip De Mott
2 mins read
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
3 mins read
5 reasons the strength of the US dollar is here to stay through end of the decade
Ed Yardeni dismissed the growing narrative of de-dollarization, noting that there's a host of reaso…
Matthew Fox
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
2 mins read
More Russian oil ships have been floating at sea with nowhere to go amid sanctions pressure
Four ships with at least 3 million barrels of Russian oil were floating with no apparent destinatio…
Jennifer Sor
1 min read
5 million barrels of Russian oil on the way to India never arrived
It's unclear what prevented the crude deliveries from reaching India, but now the tankers are idlin…