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Homesanctions

sanctions

No Picture
Crude Oil News

Daily Energy Standup Episode #243 – Russia Increases Oil Exports, EU Eyes Sanctions; Norway Rethinks EV Leadership, California EV Challenges

November 2, 2023 Andy Del Prado

Daily Standup Top Stories Russia’s Oil Exports Climb Despite Its Commitment To Cut Supply November 1, 2023 Mariel Alumit By Tsvetana Paraskova of OilPrice.com Russia’s crude oil exports by sea have been exceeding the country’s targeted […]

Russia
Geothermal

EU looks to expand sanctions on Russia – Bloomberg

November 1, 2023 Mariel Alumit

The bloc has so far imposed 11 packages of restrictions against Moscow over the Ukraine conflict The European Union is in talks on a new round of sanctions that would impact some €5 billion ($5.3 […]

Geopolitical

RBC: The U.S. could tighten the oil sanctions on Iran

October 26, 2023 Mariel Alumit

Oil Price The United States is likely to tighten the sanction enforcement on Iran’s crude oil exports over the Hamas-Israel war and the Iranian backing of Hamas, Helima Croft, the head of global commodity strategy […]

Geopolitical

Kremlin says Russian economy ready to handle more sanctions

October 24, 2023 Mariel Alumit

Economy|Russia-Ukraine war Russia’s economy has adapted well to Western sanctions and Moscow does not fear the prospect of more such measures, the Kremlin says. On February 25, 2022, a day after Russia undertook a full-scale […]

Big Oil Companies

Oil heavyweights Chevron, Repsol, Eni to benefit from Venezuelan sanctions relief

October 23, 2023 Mariel Alumit

World Oil (Bloomberg) – Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that U.S. sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply […]

Crude Oil News

Venezuela pursuing former oil clients after US sanctions lift

October 22, 2023 Mariel Alumit

Nasdaq HOUSTON – Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to the matter said on Thursday, moving to resume cash […]

Crude Oil News

Western oil sanctions helped China save billions of dollars – Reuters 

October 16, 2023 Mariel Alumit

Beijing’s lower costs of importing crude are an unintended consequence of the restrictions on Russia, Iran, and Venezuela, the outlet has said China has managed to save billions of dollars this year through record imports […]

Treasury
Crude Oil News

Treasury Secretary discusses crackdown on evasion of Russian oil price cap as effectiveness wanes

October 9, 2023 Mariel Alumit

(Bloomberg) — Treasury Secretary Janet Yellen said the US is preparing to crack down on evasion of the Group of Seven’s price cap on Russian oil, as recent market prices signal that the mechanism may […]

Russia
Crude Oil News

It’s Delusional To Expect Russia To Sell Oil To Pakistan Within The West’s Price Cap

October 6, 2023 Mariel Alumit

There’s no way that Russia is going to make an exception to its own legislation to sell oil to Pakistan at the price demanded of it by the West and thus also at a steep […]

Crude Oil News

Russia Sells Urals Oil To India At $20 Above The Price Cap

September 29, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Tightening global crude supply and rising international prices have raised the price at which Russia’s crude is being sold to India at about $20 per barrel over the G7 […]

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