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NEW YORK (Reuters) -Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been halted, which added to earlier gains stemming ...
Oil jumped nearly 2% on Thursday as the Russia-Ukraine war escalated, outweighing an uptick in inventories. West Texas Intermediate futures settled at $70.10 per barrel, while Brent (), the ...
LONDON/SINGAPORE (Reuters) -Gold, oil, and haven assets from the Swiss franc to German government debt headed for strong weekly gains on Friday after the Russia-Ukraine conflict escalated, while ...
In the first three months since the start of the invasion of Ukraine, Russia earned $24 billion from selling energy to China and India. [168] About 20 percent of Russia's oil exports went to China, Russia's largest single buyer as of November 2021. That year, China purchased an average of 1.6 million barrels of Russian crude oil per day.
Oil prices jumped to a three-month high on Friday, with traders digesting new sweeping sanctions against Russia as the Biden administration tries to cut off Moscow from crude revenue amid the ...
As part of the sanctions which have been imposed on the Russian Federation as a result of the 2022 Russian invasion of Ukraine, on 2 September 2022, finance ministers of the G7 group of nations agreed to cap the price of Russian oil and petroleum products in an effort which was intended to reduce Russia's ability to finance its war on Ukraine and curb further increases in the 2021–2022 ...
As well as targeting Russia’s deep oil reserves, Kyiv’s latest strikes may be partially intended to bring home to Russians the impact of the war just as the country prepares for a presidential ...
Changes in the composition of seaborne diesel exports from Russia, 2022–2024. During and after Russian intervention in the Syrian civil war in 2015, sanctions have been used against Russian tankers by the United States, including product tankers Sudak (IMO:8943155) and Sig (IMO: 9735335), chemical tanker Stalingrad (IMO: 9690212) and the combined chemical and oil tankers Marshal Zhukov (IMO ...