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Russian oil ban

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

Tue, 08/15/2023 - 12:16

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

Markets, MI Exclusive, Russian Oil, Oil price cap, russia economy, Russia Energy Revenue, Russian oil ban

Pakistan just became the latest country to snap up cheap Russian oil

Thu, 04/20/2023 - 07:03

An employee of a petrol station updates the latest fuel prices on a board in Karachi on February 16, 2023, after a hike in prices of petroleum products by the government. — Pakistan has placed it first order for discounted Russian oil, according to Reuters.
Asif Hassan/AFP

Markets, MI Exclusive, Commodities, Oil, Crude Oil, oil prices, Russian Oil

Putin says Russia lost $15 billion in oil and gas revenue last quarter, but thinks the hole can be filled in the next few months

Thu, 04/13/2023 - 09:27

putin russia — Russian President Vladimir Putin.
Contributor/Getty Images

Markets, MI Exclusive, Putin, russia economy, Russian GDP, russia ukraine war, Ukraine invasion

Russia notched record-high oil sales last week despite sanctions and production cuts

Wed, 04/05/2023 - 11:56

Russia oil — 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.
REUTERS/Sergei Karpukhin

Markets, MI Exclusive, Russia Oil, Russian oil ban, russia economy, Oil price cap, EU oil ban

Russian diesel has been sitting in Sudan waters for over 2 weeks because Moscow can't find buyers

Fri, 03/17/2023 - 08:14

Oil tanker — An oil tanker.
Suriyapong Thongsawang

Markets, MI Exclusive, Oil, Russian Oil, Russian oil embargo, Russian oil ban, russia fuel oil ban

The EU is buying up Russian liquefied natural gas at the highest level in 3 years, think tank says

Wed, 03/08/2023 - 12:47

LNG cargo — alvarez/Getty Images

Markets, MI Exclusive, russian gas, lng, Liquefied natural gas, Nord Stream, EU

Russia will keep selling cheap oil at bumped-up levels to India - this is why they're both in it for the long haul, a top analyst explains

Sun, 03/05/2023 - 04:00

Oil exports — Russia has rerouted its oil exports away from Europe towards Asia.
Suriyapong Thongsawang/Getty Images

Markets, MI Exclusive, Commodities, Russian commodities, Oil, crude, Crude Oil

China's imports of Russian oil are on track to hit a record high as Beijing doubles down on steep discounts

Thu, 03/02/2023 - 06:09

Vladimir Putin Xi Jinping — China has emerged as one of Russia's top oil buyers since Moscow invaded Ukraine.
ALEXEI DRUZHININ/Getty Images

Markets, MI Exclusive, China, Russia, Russian crude, Russian Oil, Russian oil ban

Russia's oil and gas revenue plunged 40% in January as western sanctions take a toll, IEA says

Wed, 03/01/2023 - 10:25

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

Markets, MI Exclusive, Russian Oil, Russian crude, Russian oil ban, russian gas, russia ukraine war

Indian buyers for Russia's oil are drowning in price-cap paperwork and that could hit Moscow's sales, report says

Tue, 02/28/2023 - 11:53

Oil tanker — Russia's oil exports to India are running into paperwork holdups.
Felix Cesare/Getty Images

Markets, MI Exclusive, Oil, Commodities, Russia, India, China

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