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Tagged Under: oil exports
11/08/2023 / By Arsenio Toledo
The price cap on Russian oil exports introduced by the United States-led Group of Seven organization and the European Union late last year has not...
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10/06/2023 / By Kevin Hughes
When nations from the West flaunted a big plan to strangle Russian oil imports and enforce sanctions on Moscow's energy exports, Russia was able to...
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08/17/2023 / By Laura Harris
Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality...
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08/04/2023 / By Ramon Tomey
Oil-producing giant Saudi Arabia has confirmed that it will extend its voluntary oil production cut until September.
The state-owned Saudi Press...
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06/02/2023 / By Lance D Johnson
Russian officials have confirmed two drone attacks on two different oil refineries in the country. One drone attack caused a fire to break out near...
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05/24/2023 / By Laura Harris
The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European...
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05/17/2023 / By Belle Carter
The Russian government has vowed to reduce oil output by 500,000 barrels per day (bpd) in response to Western sanctions since late last year. But...
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05/10/2023 / By Arsenio Toledo
Poland has threatened to cut off oil exports to Germany's PCK Schwedt Refinery if it does not completely remove a Russian company as a...
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04/30/2023 / By Ramon Tomey
Despite sanctions imposed by the West, Russian oil continues to power European vehicles – but only after passing through India's oil...
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02/15/2023 / By Arsenio Toledo
Russia will radically shift its exports of oil, selling between 75 percent to 80 percent to "friendly" nations this year, according to Deputy Prime...
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02/13/2023 / By Arsenio Toledo
Russia announced on Friday, Feb. 10, that it will cut oil production by 500,000 barrels per day in March in retaliation for a United States- and...
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01/04/2023 / By Belle Carter
Russian President Vladimir Putin recently signed a decree to temporarily ban the export of oil products to the United States and other nations...
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11/28/2022 / By Arsenio Toledo
The European Union is undermining its own sanctions against Russia by purchasing as much Russian diesel fuel as it can get its hands on before the...
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11/21/2022 / By Arsenio Toledo
Two-thirds of all Russian seaborne oil exports are now heading to Asian countries as the country continues to divest itself from relying on the...
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11/15/2022 / By Arsenio Toledo
India is about to lose its access to Russian oil exports if the United States and its European allies push through with a plan to force Russia to...
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10/28/2022 / By Arsenio Toledo
Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel.
From...
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07/07/2022 / By Kevin Hughes
The Libyan National Oil Corporation (NOC) has announced force majeure on crude exports from its oil terminals amid ongoing blockades of production...
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06/07/2022 / By Arsenio Toledo
EU’s embargo on Russian oil will cause oil prices to skyrocket – but Russia will be largely unharmed
The European Union (EU) has just agreed to a partial ban on Russian oil imports. This ban, once fully implemented, is expected to cause oil prices...
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03/17/2022 / By Arsenio Toledo
The International Energy Agency (IEA) warned that the massive drop in oil exports from Russia will lead to a catastrophic reduction in the global oil...
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