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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
Russia could merge state-run oil companies to make the world's 2nd largest producer, report says
A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…
Kelly Cloonan
Stocks tumble, oil spikes as Mideast tensions flare
Investors moved out of equities as conflict escalated between Israel and Iran. Traders piled into s…
Filip De Mott
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
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
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
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
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
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
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
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
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
Stock market today: Tech leads indexes higher as markets head toward the result of the US election
Tech shares rallied on Tuesday, with Palantir soaring over 20% after earnings. Nvidia jumped to sur…
Filip De Mott
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
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
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
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
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
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…