Russia says it won’t cut off gas supplies yet in rouble payment row
Russia has said it will not cut off gas exports to Europe yet in a standoff over its demand to be paid in roubles. Russian president Vladimir Putin signed a Continue Reading
Russian Oil Production Has Already Begun To Decline
Crude oil and condensate production in Russia fell slightly in March compared to February, Reuters reported on Friday, citing sources with knowledge of the data. In March, Russia pumped 11.01 Continue Reading
Sellers Are Looking To Unload Russian Crude For Yuan
Cargoes of Russia’s ESPO crude loading in May have been offered to China for payments in yuan, as the world’s top crude importer continues to purchase Russian oil but is Continue Reading
Bunker markets avoid Russia as supply tightens across Black Sea: expert
Russian-origin fuel avoided in the face of reputational risk Russian companies face problems securing credit Bunkering operations move away from Russia As Russia’s war in Ukraine deepens, bunkering activity has Continue Reading
Excess fuel oil weighing on Russian refinery runs
Export outlets drop after Russia’s invasion of Ukraine Upgrades that will cut fuel oil output facing delays Rising stockpiles of fuel oil in Russia, as international buyers shun the country’s Continue Reading
Russian Oil Is Too Cheap To Resist For China And India
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
Who is buying Russian crude oil and who has stopped
Australia, Britain, Canada, and the United States have imposed outright bans on Russian oil purchases following Moscow’s invasion of Ukraine, but the European Union remains divided. The bloc’s 27 members Continue Reading
War in Ukraine fuels fears among draft-age Russian youths
As Moscow’s forces bog down in Ukraine, many young Russians of draft age are increasingly jittery about the prospect of being sent into combat. Making those fears particularly acute is Continue Reading
U.S. Sanctions Russian Tech Companies, Whole Sectors of Russian Economy
The U.S. on Thursday levied sanctions on nearly three dozen Russian companies and individuals that the Treasury Department said are helping Moscow evade the West’s economic pressure campaign and aiding Continue Reading
Russia steadies rouble with harsh capital controls and investment curbs
Russia’s rouble has wiped out nearly all of the losses incurred after Vladimir Putin’s invasion of Ukraine as Moscow applies draconian capital controls and blocks most foreign traders from exiting Continue Reading