russia oil price cap

Tuesday, December 6, 2022

Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea

By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to

18 mins ago
Total Views: 172

Monday, December 5, 2022

Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with

20 hours ago
Total Views: 2077


Russia’s European Crude Sales Collapse 

By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is

23 hours ago
Total Views: 6555

Saturday, December 3, 2022

Russia Says It Won’t Accept Oil Price Cap

By Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to

December 3, 2022
Total Views: 1886

Friday, December 2, 2022

Europe Sets $60 Price Cap on Russian Oil

By Ewa Krukowska, Alberto Nardelli and Jorge Valero (Bloomberg) — The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving

December 2, 2022
Total Views: 949

Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Shipping Costs for Russian Oil Soar Ahead of More Sanctions

By Serene Cheong and Alex Longley (Bloomberg) — Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days

December 2, 2022
Total Views: 1644

Thursday, December 1, 2022

EU Closes in on Price Cap for Russian Oil as Poles Hold Out

By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at

December 1, 2022
Total Views: 1198

Russian Oil Tankers

EU Agrees to Tentative $60 a Barrel Price Cap on Russian Seaborne Oil

By Jan Strupczewski and Kate Abnett BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel

December 1, 2022
Total Views: 821

Tuesday, November 29, 2022

Russia Seeking Shipping Insurance Recognition to Dodge Oil Cap

Nov 29 (Reuters) – Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related

November 29, 2022
Total Views: 2212

Monday, November 28, 2022
Russian Oil Tankers

Russia Oil Turmoil Seen Driving Tanker Market Higher

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost

November 28, 2022
Total Views: 999

Friday, November 25, 2022

Price Cap Halted As Poland Demands Harsher Penalty On Russian Oil

By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal

November 25, 2022
Total Views: 1637

Thursday, November 24, 2022

Vitol Says It Will Keep Buying Russian Oil

By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company

November 24, 2022
Total Views: 1130

Wednesday, November 23, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Russia’s Tanker Fleet Too Small to Bypass Oil Price Cap

By Noah Browning and Julia Payne LONDON, Nov 23 (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a plan by the

November 23, 2022
Total Views: 4019

Tuesday, November 22, 2022
tanker in storm

Soaring Tanker Rates Pile Pressure on Crude Markets

By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are

November 22, 2022
Total Views: 1115

Monday, November 21, 2022

India’s Oil Buyers Push To Load Russian Crude Before Sanctions

By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new

November 21, 2022
Total Views: 1360

Saturday, November 12, 2022

Russia Faces Oil Shut-In or Price Cap Amid Sanctions

By Christopher Condon Nov 12, 2022 (Bloomberg) –Treasury Secretary Janet Yellen said it’s “very likely” that European sanctions will force

November 12, 2022
Total Views: 2053

Friday, November 4, 2022
Russian Oil Tankers

G7 Agree to Fixed Price Cap on Russian Oil By Sea -Sources

By Andrea Shalal, Noah Browning and Timothy Gardner WASHINGTON/LONDON, Nov 4 (Reuters) – The Group of Seven rich nations and Australia have

November 4, 2022
Total Views: 1232