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Russian oil smashes through the G7 price cap as crude exports in July hit the highest level of 2023

Fri, 08/11/2023 - 09:20

Oil terminal ship in Russia — papa1266/Getty Images

Markets, MI Exclusive, Russia, russia economy, Oil, oil prices, Russian crude

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

Thu, 04/27/2023 - 14:40

Russian oil tanker — Photo by ANGELOS TZORTZINIS/AFP via Getty Images

Markets, MI Exclusive, Russian Oil, Russian crude, Oil Tankers, western sanctions, Oil price cap

The anti-dollar drive spearheaded by Asia has spread to Europe, with France growing sour on the greenback's dominance. Here are 6 rising threats to the buck's supremacy of global trade.

Wed, 04/19/2023 - 06:00

Dollar notes — 100 dollar bills seen displayed.
(Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Markets, MI Exclusive, Dollar dominance, King Dollar, Federal Resere, Inflation, Interest Rates

US companies may be unknowingly helping Russia evade the oil price cap, Treasury warns

Tue, 04/18/2023 - 09:47

oil pipeline — Oil workers weld a new pipeline at PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui.
Reuters/Carlos Garcia Rawlins

Markets, MI Exclusive, Russian Oil, Russian crude, Oil price cap, EU oil ban, western sanctions

China and India are buying so much Russian oil that Moscow's now selling more crude than it was before invading Ukraine

Fri, 04/14/2023 - 12:35

china president putin russia — Sergei Karpukhin/Reuters

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

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

Russian oil heads to West Africa for the first time since 2018 as Western sanctions leave Moscow scrambling to find buyers

Tue, 02/28/2023 - 07:28

Tankers carrying Russian oil are settling in Asian ports ahead of EU sanctions — The last time Russian oil was delivered to a Western African country was in 2018.
Getty Images

Markets, MI Exclusive, Russian Oil, Ghana, Russia, Ukraine, Oil

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