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 […]
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 […]
(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 […]
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 […]
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 […]
Russia expects to sell gas to China at almost half the price compared to European buyers, Bloomberg reported. Gas for China will average $271.6 per 1,000 cubic meters in 2024, versus $481.7 for buyers in […]
Less than a month ago, we reported that according to Kpler estimates, China was expected to import as much as 1.5 million barrels per day (bpd) of crude oil from Iran in August, the most […]
The European Union vowed to drastically cut imports of gas from Moscow over its invasion of Ukraine but data shows the bloc’s purchases of Russian-made liquefied natural gas (LNG) have soared. According to new findings released by […]
European Union countries spent over £4.5bn (€5.3bn) buying more than half of all Russia’s liquefied natural gas (LNG) supplies during the first seven months of this year, despite pledges to wean itself off Kremlin-backed hydrocarbons. […]
In March, US senators called for an import ban on Russian uranium. What happened is the opposite: In the first half of the year, the USA bought 416 tons of uranium from Russia, more than twice […]
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