russian oil

BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price

By Bloomberg News Jul 6, 2025 (Bloomberg) –Russia reported an ammonia leak at the Ust-Luga seaport in the Leningrad region that authorities said

The value of Russia’s crude shipments hit a two-year low in the four weeks to May 25 even as Moscow shrugged off a threat that the G-7 group of nations

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil

The European Union must focus on a new sanctions package to suffocate Russia's economy and force President Vladimir Putin to end the war in Ukraine, France's

India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide

(Bloomberg) — Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian

By Julian Lee Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic

The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now

By Rakesh Sharma and Weilun Soon Mar 28, 2025 (Bloomberg) –A tanker carrying Russian crude for state-run Indian Oil Corp. has been denied entry to a

US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more

As Russia’s invasion of Ukraine enters its fourth year, Moscow is increasingly resorting to clandestine cargo transfers as it wrestles with sanctions and

(Bloomberg) — The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce

The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the

The International Energy Agency has lowered its outlook for Russia’s oil production this year by only a narrow margin even with sweeping western energy

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to sail to Asia and Ukrainian drone

Russia’s crude exports have yet to be curtailed by the latest US sanctions to target its oil, with flows broadly stable. But while loading cargoes onto

A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild disrupted supply chains following