You Searched For "russia oil" and got 20 results
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2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
1 min read
Spiking oil prices helped Russia energy-tax revenue double last month
The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…
Filip De Mott
1 min read
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…
Filip De Mott
1 min read
Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks
Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…
Yuheng Zhan
1 min read
Winter winds are freezing Russia's crude oil shipments to China
Icy winds and freezing temperatures disrupted Russian oil flows from a key Pacific port, bringing a…
Aruni Soni
2 mins read
Russia has never been richer after selling $37 billion in oil to India last year
India purchased $37 billion of Russian oil last year. That's 13 times what it bought before the war…
Jennifer Sor
1 min read
China's need for oil has been calming down military conflicts worldwide, analyst says
"A big part of that is China standing behind the curtain and going, you know, can you please not in…
Filip De Mott
2 mins read
Russia's military is so hard up for manpower that it now pays more than the oil and gas sector
Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …
Huileng Tan
1 min read
Oil prices would double if India didn't trade with Russia, energy minister says
"The world is grateful to India for buying Russia's oil," Indian minister Hardeep Singh Puri told C…
Filip De Mott
2 mins read
Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
Ukraine launched a new wave of drone attacks Wednesday on oil refineries in western Russia.
Tom Porter
2 mins read
The West is seeking to take back Russia's shadow fleet of oil tankers, sanctions official says
"What we want to do is force volumes back into the G7 fleet," sanctions official Olga Dimitrescu sa…
Filip De Mott
2 mins read
IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption
The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.
Yuheng Zhan
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
2 mins read
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
1 min read
Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says
Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…
Filip De Mott
1 min read
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
2 mins read
Stock market today: Stocks edge higher to close at a record after upbeat producer inflation data
Stocks rose but pared gains from earlier in the day. The 10-year Treasury dropped after May PPI boo…
Max Adams,Filip De Mott
2 mins read
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, …
Filip De Mott
2 mins read
Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary
The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…