Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
The price cap on Russian oil is becoming increasingly unenforceable, said the International Group of P&I Clubs, or so-called Mutual Insurance Clubs, according to reports on May 3. About 800 oil ...
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...
Russia’s oil and gas revenues climbed to $13.5 billion in April, nearly double the amount from a year earlier.
S&P Global thinks that Russian oil supply disruptions may hit 1.5 million bpd in Q1 2023. The oil market will become more sensitive to price cap news closer to December 5. G7 Countries Work On ...
The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years ...
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
Sky's economics & data editor explains how Russia's oil and gas has found its way to new buyers since the invasion of Ukraine, leaving huge question marks over the effectiveness of sanctions to date.
Russia's Urals crude is selling for $75 per barrel, exceeding the G7's $60 price cap. The US believes broader market trends and geopolitics are driving the higher price. Tighter sanctions ...
Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine. Russian oil is trading far in excess of a Group of Seven ...