China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
Russian Oil Products Trapped at Sea by US Sanctions, LSEG Data Shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions targeted more than 180 vessels and insurance companies,
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher.
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.
Oil prices pull back after rising to their highest since August on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry.
US Sanctions May Impact Russian, Iranian Oil Supplies: IEA
A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said on Monday.
U.S. oil reserves dwindle amid sanctions on Russian exports
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource. Brokers report that U.S. oil reserves have experienced the longest series of declines since 2021.
Russia says Western claims of Russian undersea cable sabotage aim to curb sea-borne Russian oil exports
Russia on Thursday accused NATO and the West of making "evidence-free" allegations against Moscow over ships purportedly ...
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
Russia’s Budget Oil Revenue Spiked by Almost a Third in 2024
Russia’s oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018, spurred ...
Russia's oil exports fell in 2024, but revenue rose $3.8 billion, IEA says
Russia's crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose 2% ...
Ukraine says it has hit one of Russia’s largest oil refineries in a drone strike
Ukraine claimed Saturday to have struck one of Russia’s largest oil refineries in a drone attack, starting a fire at the ...
The Czech Republic ends its energy dependence on Russian oil imports
The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil ...
Russia Factories, Oil Terminals Hit in Massive Drone-Missile Attack
Ukraine's latest aerial bombardment was spread across 12 Russian regions, with targets including an oil depot and an airfield ...
Russia forms emergency task force as Kerch Strait oil spill spreads
An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two ...
Shadow fleet of tankers keeps Russia’s oil money flowing despite Western sanctions
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.
Oil rises on US crude draw, Russia sanctions; Gaza ceasefire deal caps gains
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...