As European refiners look to replace Russia’s Urals crude grade ahead of an EU import ban that takes effect in just three weeks, Norway is emerging as their preferred source of alternative feedstock. Shipments of Norway’s medium, […]
The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first […]
Lower demand forecasts could materialize if China doesn’t fully reopen. The European Union is preparing to implement an oil import embargo on Russian crude oil next month and on fuels two months later. Bets on […]
Update(1500ET): Russia has issued its first statements in the wake of conflicting reporting concerning the suspected missile attack on Polish territory, just across the border with Ukraine. Russia is calling the reports a “deliberate provocation” […]
Treasury Secretary Janet Yellen on Sunday announced the US will sanction a transnational network that’s been illicitly supplying Russia with military technology to support its war in Ukraine. She identified that 14 individuals and 28 […]
Air raid sirens blared and explosions rang out in nearly a dozen major cities as Russia rained missiles across Ukraine on Tuesday, in what Kyiv said was the heaviest wave of missile attacks in nearly […]
European Commission President Ursula von der Leyen, on Tuesday, accused Russia of using its gas as a weapon and destroying it instead of selling it. She made the accusation at the G20 summit as she […]
By John Kemp, senior market analyst at Reuters India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by […]
The United Nations General Assembly has approved a resolution calling for Russia to be held accountable for violating international law by invading Ukraine. The consequences recommended included paying reparations for the damage and loss of […]
SINGAPORE, Nov 14 (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and paying lower premiums in the face of imminent European Union sanctions and uncertainty surrounding the G7’s plan to cap […]
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