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Crude prices jump
US to impose sanctions on Russian oil fleet and traders, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Russia’s oil future dims as US mulls new sanctions
The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than 100 tankers, as well as oil traders and Russian insurance firms. The sanctions may also hit Chinese banks that facilitate Russian oil trades.
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
17h
on MSN
Oil Disaster Averted After Sabotaged Tanker Is Salvaged
The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...
3d
Exclusive: China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to ...
11d
Data suggests that Russian oil is coming to EU via India, despite sanctions
India has become one of the key global buyers of Russian crude oil. From there, large volumes of oil are being sent to Europe ...
Crude Oil Prices
4d
Global Crude Exports Fall in 2024 for First Time Since Covid
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Weaker
oil
demand growth in key consuming regions and reshuffled trade ...
9d
Brent crude outlook bearish on oversupply, grim oil demand; 2025 average pegged at $74 after hitting $80 in 2024
Brent crude oil benchmark settled down around three per cent from its final 2023 closing price of $77.04, while US WTI was ...
3d
on MSN
China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to ...
ThePrint
3d
China’s Shandong Port, entry point for embargoed oil, bans entry of US-designated vessels
The eastern Chinese province is home to several independent refiners. In the last year, it imported about 1.74 million ...
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