Russian oil

Oman Navigates Oil Export Challenges Amidst Changing Global Dynamics

Oman, a significant player in the global oil market, is facing changing dynamics in its oil exports. The sultanate's oil…

2 years ago

India and China Lead Russian Crude Oil Purchases, Shifting Global Dynamics

In a remarkable turn of events, India and China have emerged as dominant players in the global oil market, cementing…

2 years ago

Russia Emerges as India’s Dominant Oil Supplier, Surpassing Traditional Middle Eastern Sources

In a significant shift within India's crude oil market, Russia has surpassed Saudi Arabia, Iraq, the UAE, and the US…

2 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Oil tankers queuing to transit Turkish straits face more delays -sources

At least 20 oil tankers queuing off Turkey face more delays to cross from Russia's Black Sea ports to the…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength…

3 years ago

Oil prices rise as supply uncertainty mounts

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments…

3 years ago