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
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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: 6775

Wednesday, February 15, 2023
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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: 15900

Saturday, February 11, 2023
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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: 5266

Sunday, February 5, 2023
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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: 3621

Friday, February 3, 2023
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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: 2475

Thursday, February 2, 2023
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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: 1650

Tuesday, January 31, 2023
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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: 1181

Friday, January 27, 2023
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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: 1010

Thursday, January 26, 2023
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: 813

Monday, January 16, 2023
Russia’s Seaborne Oil Exports Surge Despite Sanctions
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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: 3552

Tuesday, January 10, 2023
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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: 1163

Tuesday, December 27, 2022
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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: 1283

Friday, December 16, 2022
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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: 1814

Saturday, December 10, 2022
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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: 1676

Friday, December 9, 2022
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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: 616

Thursday, December 8, 2022
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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: 2217

Wednesday, December 7, 2022
Turkish Strait Oil Tanker
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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: 1957

Tuesday, December 6, 2022
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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: 4756

Monday, December 5, 2022
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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: 2814

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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: 8474