China Snaps Up Distressed Russian Oil Cargoes Shunned by India
Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest
Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest
The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a
The European Union has rolled out its toughest Russia sanctions package yet, imposing a full ban on maritime services for Russian crude oil, cutting the price
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
(Bloomberg) –At least three tankers carrying Russian crude are indicating Reliance Industries Ltd.’s plant on India’s west coast as their next
India’s imports of Russian crude are expected to plunge to a near four-year low early next year, after months of US pressure. As workarounds emerge and the
Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical crude shipments from the country’s
Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two
Russia’s seaborne crude shipments rose to a 28-month high in the past four weeks, amid rising production and Ukrainian attacks on refineries that are forcing
A surge in Ukrainian drone attacks on Russia’s oil refineries has cut processing crude at home and led to a surge in Moscow’s crude
The European Union said a new set of measures aimed at restricting the flow of fuel made from Russian crude won’t take effect until January, easing some
By Vladimir Soldatkin and Olesya Astakhova ST PETERSBURG, Russia, June 21 (Reuters) – Rosneft ROSN.MM CEO Igor Sechin, one of the
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday
By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries
Ukraine claimed it successfully struck a Russian oil refinery and a pumping station on a vital crude pipeline with drones as Kyiv steps up its attacks on its
By Alex Longley, Patrick Sykes and Alberto Nardelli (Bloomberg) — One of the energy market’s open questions since Russia’s invasion of Ukraine has
India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This
By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian
By Rakesh Sharma and Julian Lee (Bloomberg) — India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to
(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole.
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