China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
U.S. Sanctions Could Hit 1.5 Million Bpd of Russian Oil Exports
Many of the vessels transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been sanctioned.
India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.
Shipping cost for Russian crude to China triples post US sanctions
The price for shipping Russian ESPO crude oil to China has more than tripled following the recent US sanctions on Moscow's oil industry, Bloomberg reported. Traders expect these rates to rise even further.
Oil headed for weekly gain amid new energy sanctions on Russia
Oil prices edged higher on Friday and were headed for a weekly gain on supply concerns, as the US imposes new sanctions on Russia’s energy industry amid the war with Ukraine. Brent, the benchmark for two thirds of the world’s oil,
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger-than-forecast fall in U.S. crude stocks.
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
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