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Russian Oil Price Cap

gCaptain’s full coverage of the G-7 and European countries’ price cap on Russian oil in response to Russia’s war on Ukraine.


Thursday, February 16, 2023
Maersk-Operated Tanker Denied Entry by Spain Seeks New Port
Shipping

Maersk-Operated Tanker Denied Entry by Spain Seeks New Port

LONDON, Feb 16 (Reuters) – Singapore-flagged tanker Maersk Magellan is looking for another location after being stopped from entering a Spanish port

February 16, 2023
Total Views: 6710

Wednesday, February 15, 2023
sovcomflot tanker in sea ice
Shipping

Russia’s Dark Tanker Fleet Gets Stretched Sailing Thousands of Miles

By Julian Lee (Bloomberg) — Russia assembled a huge fleet of tankers to beat western sanctions. They’re struggling to get the job done, writes

February 15, 2023
Total Views: 15824

Saturday, February 11, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russian Fuel Exports Stumble In Early Days After European Ban

By Prejula Prem (Bloomberg) –Russian fuel exports are showing signs of a slowdown just five days after the European Union — Moscow’s main market —

February 11, 2023
Total Views: 5209

Sunday, February 5, 2023
The oil tanker Minerva Virgo, docked at the oil terminal, is seen after leaving a Russian port around the time that nation invaded Ukraine in late February. REUTERS/Bjoern Kils/File Photo
Shipping

The EU’s Ban On Russian Diesel Won’t Really Stop Fuel Flows

By Jack Wittels (Bloomberg) –For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest

February 5, 2023
Total Views: 3553

Friday, February 3, 2023
oil tanker
Shipping

EU Agrees to $100 Price Cap on Russian Diesel as Import Ban Looms

By Jorge Valero, Alberto Nardelli and Ewa Krukowska (Bloomberg) — European Union member states agreed to impose a cap of $100 per barrel on sales of

February 3, 2023
Total Views: 2425

Thursday, February 2, 2023
tanker at sea
Shipping

Price Cap on Russian Refined Fuels Set to Disrupt Trade

By Swati Verma and Noah Browning Feb 2 (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel

February 2, 2023
Total Views: 1628

Tuesday, January 31, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Western Tankers Ramp Up Russian Oil Shipments Under Price Cap

MOSCOW, Jan 31 (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship

January 31, 2023
Total Views: 1141

Friday, January 27, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

European Union to Consider Options to Curb Revenues from Russian Energy Exports

By Ewa Krukowska and Alberto Nardelli (Bloomberg) — The European Union is heading for intense talks in the coming days over how to further curb Russian

January 27, 2023
Total Views: 961

Thursday, January 26, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Uncategorized

EU Considering $100 Price Cap on Russian Diesel

By Ewa Krukowska, Alberto Nardelli and Jack Wittels (Bloomberg) — The European Union is floating a plan to cap the price of Russian diesel at $100 a

January 26, 2023
Total Views: 773

Monday, January 16, 2023
Russia’s Seaborne Oil Exports Surge Despite Sanctions
Shipping

Russia’s Seaborne Oil Exports Surge Despite Sanctions

By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —

January 16, 2023
Total Views: 3472

Tuesday, January 10, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

G7 Nations Designing Price Caps on Russian Refined Oil Products

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

January 10, 2023
Total Views: 1124

Tuesday, December 27, 2022
An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel//File Photo
Shipping

Putin Bans Oil Exports to Countries Imposing Price Cap

By Alexander Marrow and Vladimir Soldatkin MOSCOW, Dec 27 (Reuters) – President Vladimir Putin on Tuesday delivered Russia’s long-awaited

December 27, 2022
Total Views: 1249

Friday, December 16, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1776

Saturday, December 10, 2022
Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas
Shipping

Oil Tanker Sails Through Bosphorus In Sign Insurance Spat Easing

By Alaric Nightingale (Bloomberg) –Turkish authorities allowed an oil tanker to pass through country’s vital Bosphorus shipping strait, suggesting

December 10, 2022
Total Views: 1610

Friday, December 9, 2022
EU Says G7 Oil Price Cap Not to Blame for Turkey Tanker Queues
Shipping

EU Says G7 Oil Price Cap Not to Blame for Turkey Tanker Queues

By Kate Abnett BRUSSELS, Dec 9 (Reuters) – The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of

December 9, 2022
Total Views: 574

Thursday, December 8, 2022
Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens
Shipping

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens

(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,

December 8, 2022
Total Views: 2181

Wednesday, December 7, 2022
Turkish Strait Oil Tanker
Shipping

Russia is Concerned Over Oil Tanker Jam in Bosphorus – RIA

MOSCOW, Dec 7 (Reuters) – Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with

December 7, 2022
Total Views: 1905

Tuesday, December 6, 2022
Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea
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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

December 6, 2022
Total Views: 4699

Monday, December 5, 2022
Tanker Jam Off Turkey as Price Cap on Russian Crude Kicks In
Shipping

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

December 5, 2022
Total Views: 2754

tanker at sea
Shipping

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

December 5, 2022
Total Views: 8432
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