Oil Economist Verleger Says Biden's Russia Sanctions Will Raise Oil Prices -- OPIS
Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and ...
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...
Crude Oil Prices5d
Russia's Baltic Oil Shipments Drop 10% After EU sanctions
EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow ...
JD Supra2d
Russia’s Energy, Financial and Defense Sectors Are the Focus of the Last Round of Sanctions Under Biden
In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive ...
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
Indian refiners seek crude after US sanctions disrupt Russia oil supply
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...
Putin Calls Trump 'Smart', Warns On Oil Price Threat
Russian President Vladimir Putin on Friday praised Donald Trump as "pragmatic" and "smart", saying he did not believe the US president would force global oil prices lower in a bid to damage Moscow.