High shipping costs have created a $1 billion loophole for Russia to evade oil price cap, report says

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Russia's Prime Minister Vladimir Putin (R) visits the Novokuibyshevsk oil refinery near the city of Samara, Russia.

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Russia's seaborne oil exports hit their lowest level in 7 months

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The Ukraine war is great for China — it gets 'fire sale prices' on oil and gas and leaves its rivals, the US and Russia, 'tied down and bleeding each other,' experts say

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Russian President Vladimir Putin and Chinese President Xi Jinping at St. George's Hall in the Kremlin on March 21, 2023.

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Russia received millions of dollars worth of equipment from US companies to keep its oil trade afloat after the invasion of Ukraine, report says

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A worker checks a pressure gauge at an oil pumping station near the Rosneft company owned Suzunskoye oil field, north from the Russian Siberian city of Krasnoyarsk, March 26, 2015.

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Russia's oil exports climb to fresh highs despite threats to slash production

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A mysterious Indian firm likely tied to Russia's Rosneft amassed an enormous tanker fleet in just 18 months and has become a top shipper of Russian crude, report says

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Russia may be cheating on its own pledge to slash oil production

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Vladimir Putin

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Russia can use its sovereign wealth fund to help pay for its war on Ukraine despite sanctions, report says

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Soldiers conduct military exercises in Moscow, Russia, on September 1, 2022.

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Russia is using its 'dark fleet' of ships to skirt oil sanctions, raising the risk of tanker collisions, insurance firms say

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Russian oil sanctions appear to be working - crude still flows even as Moscow's pulling in less money. But there's more to it than that.

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Hey there market people. Phil Rosen here. 

I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels. 

The clearest takeaway is that the West's sanctions do in fact seem to be taking a toll as intended — Moscow's export revenues are down, but plenty of oil remains available as far as global supplies. 

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