Russian Sanctions

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

By Julia Payne and Jonathan Saul LONDON, Dec 5 (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by

By Alex Longley (Bloomberg) After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday. How

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

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

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

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

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

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

By Alex Longley, Ugur Yilmaz and Ercan Ersoy (Bloomberg) — Turkey warned the world’s oil shippers they will need to prove they’re insured to cross

By Noah Browning LONDON, Nov 15 (Reuters) – Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on

(Reuters) – Russia said on Saturday there was no agreement yet to extend a deal allowing Ukraine to export grain via the Black Sea, repeating its

By Jack Wittels and Alberto Nardelli (Bloomberg) –The European Union’s impending sanctions on oil imports from Russia aren’t quite as exclusionary as

By Jonathan Saul, Noah Browning and Jan Strupczewski LONDON/BRUSSELS, Nov 10 (Reuters) – Oil-laden tankers risk being left languishing at sea

By Gaspard Sebag and Stephanie Baker (Bloomberg) –A Spanish court moved to seize a superyacht valued at $140 million that’s linked to a senior

By Jack Farchy, Ben Bartenstein and Archie Hunter (Bloomberg) –A trading house that owns part of a stake in Russia’s flagship oil project said its

LONDON, Nov 3 (Reuters) – Britain is seeking to prevent countries from using its services to transport Russian oil unless it is

By Saleha Mohsin (Bloomberg) US officials have been forced to scale back a plan to impose a cap on Russian oil prices, following skepticism by investors and

By Elizabeth Low (Bloomberg) A fleet of tankers filled with Russian fuel oil have anchored near Singapore and Malaysia as more flows are directed toward Asia

By Serene Cheong Oct 22, 2022 (Bloomberg) –Traders, tanker companies and the world’s most powerful governments are becoming increasingly fixated