Foreign Affairs5h
Why Ukraine Should Keep Striking Russian Oil Refineries
Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
Russia’s Budget Is Getting Twice as Much Oil Money as a Year Ago
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
Russia's Shadow Fleet Turfed Out by NATO Navy Drills
Tankers transferring Russian oil off the southern coast of NATO member Greece have been pushed out further into the ...
Russia saw its oil revenue double in April despite Western sanctions
The Kremlin's government budget, fueled by energy-related taxes, surged to $11.5 billion, marking a 111.9% leap from April ...
Wall Street Journal15h
Oil Edges Lower After Russia Signals OPEC+ Production Increase Possible
0044 GMT — Oil edges lower in early Asian trade following news reports that Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to increase crude production. Although crude ...
Crude Oil Prices2d
Russia’s Oil Revenues Doubled in April Compared to a Year Earlier
Russia’s oil and gas revenues climbed to $13.5 billion in April, nearly double the amount from a year earlier.
Problems Mount for Group of Seven’s Price Cap on Russian Oil
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
Could Ukraine's Strikes on Russian Oil Derail Biden's Reelection?
Strikes on Russian oil facilities blamed on Kyiv have stoked concerns about energy prices and inflation in the U.S.
Crude Oil Prices15h
EU Proposes First Batch Of Sanctions On Russian LNG
The proposed sanctions would prevent EU countries from re-exporting Russian LNG after receiving it and also ban EU involvement in upcoming LNG projects in Russia.
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...
Crude Prices Fall Slightly on Dollar Strength
WTI crude oil on Tuesday closed down -0.10 (-0.13%), and June RBOB gasoline closed down -4.48 (-1.73%). Crude oil and gasoline prices on Tuesday fell to 8-week lows and settl ...