Explainer: EU’s Embargo and Price Cap on Russian Oil Products
(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb
(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb
By Swati Verma and Noah Browning Feb 2 (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel
MOSCOW, Jan 30 (Reuters) – Asian markets are showing no let up in their demand for Russian oil, absorbing a big rise in seaborne exports of
By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more
By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of
By Elizabeth Low (Bloomberg) Demand is soaring for oil storage tanks in Singapore, in a sign that a flood of Russian fuel is being blended and re-exported
by Jason Neely (Reuters) Europe’s ban on seaborne Russian oil imports from Dec. 5 has prompted Moscow to divert its crude flows to Asia and failed to
By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —
MOSCOW, Dec 22 (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December,
By Asad Zulfiqar and Alex Longley (Bloomberg) — Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting
By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to
By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments
By Jonathan Saul (Reuters) Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said,
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 Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to
By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost
By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates
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 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
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