Source link Exports from the country’s major ports surged to 3.95 million barrels a day in the week to April 14, data is showing Maritime exports of Russian crude almost climbed to a year-on-year high in the second week of April, Bloomberg reported on Tuesday, adding that flows from the country’s major ports were near […]
Source link Kiev’s refusal to acquiesce has seen tensions rise between Ukraine and its top backer, the paper claims, citing anonymous US officials The US has on multiple occasions asked Ukraine to stop targeting Russian oil refineries with its drones, the Washington Post claims, citing anonymous American officials. Kiev has reportedly ignored those requests, thus […]
Source link Kiev’s top diplomat has suggested the US and other donors need to give more military aid to stop attacks on Russian refineries Kiev would be more receptive to appeals from the US and other Western allies to quit attacking Russian oil infrastructure if those benefactors would boost their military aid, Ukraine’s top diplomat […]
Source link Washington is concerned about global fuel prices, Defense Secretary Austin has said Ukraine should go after military objectives, as strikes on Russian refineries could raise global oil prices, US Secretary of Defense Lloyd Austin told a Senate panel on Tuesday. Kiev has launched a series of drone raids on the Russian oil infrastructure […]
Source link The national economy has seen growth in industrial output, record employment and investments, Mikhail Mishustin has said The Russian economy is growing while becoming less and less reliant on oil and gas exports, Prime Minister Mikhail Mishustin told lawmakers on Wednesday. The government’s revenue is increasing, allowing Moscow to finance growth and development […]
Source link Several tankers have reportedly been spotted anchored near the Asian country’s ports Three tankers loaded with Russian Sokol-grade oil have arrived at Indian ports, despite being targeted by Western sanctions, Bloomberg reported on Monday, citing vessel-tracking data. Supertanker Nireta has been anchored near Visakhapatnam on India’s east coast, according to the media outlet. […]
Source link The price of the oil benchmark Brent peaked at $89 per barrel on Tuesday, nearing levels last seen in June 2022, according to Intercontinental Exchange (ICE) data. Industry experts have attributed the surge to an Israeli airstrike on the Iranian consulate in Damascus and Tehran’s threat of retaliation. Brent futures had risen by […]
Source link Tighter enforcement of the restrictions has reportedly hampered New Delhi’s purchases of Russian crude Indian oil refiners are on track to buy the most US crude in almost a year as tighter enforcement of Western sanctions is slowing Russian deliveries to the world’s third-largest oil importer, Reuters reported on Monday. Around 7.6 million […]
Source link The US has reportedly urged Kiev to refrain from drone raids due to fears of a gas price surge The head of Ukraine’s domestic security service (SBU) has claimed credit for a series of attacks on Russian civilian sites, including the Crimean Bridge and oil refineries. In a statement on Monday, Vasily Malyuk […]
Source link The White House is reportedly concerned that a possible hike in gas prices could threaten Joe Biden’s re-election bid US officials have repeatedly warned Ukrainian military commanders that their attacks on Russian oil infrastructure could trigger global energy price hikes, the Financial Times revealed on Friday. Washington is reportedly worried that this could […]
Source link Moscow is nevertheless not in competition with other top oil-producing and exporting nations, the foreign minister says Moscow has increased exports of petroleum products to African countries in recent years, despite Western sanctions, Russian Foreign Minister Sergei Lavrov has said. Lavrov made the statement in an interview for a documentary project on oil […]
Source link Official data shows that crude imports from Moscow jumped more than 40% year-on-year in January Sales of Russian oil to India have continued to rise in 2024, despite the pressure from Western sanctions on Moscow over the Ukraine conflict, according to trade data from New Delhi’s Commerce Ministry. The figures show that India’s […]
Source link Crude prices soared to $86 per barrel on Monday, hitting a four-month high, with industry experts attributing the surge to China’s strong economic data and Ukraine’s drone attacks on Russian oil refineries. Global benchmark Brent futures have risen by 4% since last week to trade at $86 per barrel as of 9:45 GMT, […]
Source link Contracts with domestic energy firms are aimed at boosting daily production in major fields of the sanctions-hit country Iran’s energy companies were granted their biggest contracts in the past decade on Sunday, as Tehran seeks to boost output at major oil fields, state media have reported. Deals worth $13 billion, aimed at developing […]
Source link Ukraine has launched strikes on refineries in the regions of Rostov, Ryazan, and Leningrad, local officials say The Novoshakhtinsk oil refinery near the Russian city of Rostov-on-Don has temporarily suspended operations following a drone attack, regional Governor Vasily Golubev announced on Wednesday. Several other oil plants in Russia were targeted by Ukrainian UAVs […]