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Category: Russia

Category:
  • Russia

Russian oil traders switch to private dealings from public tenders

 Russian oil market participants have switched their trading tactics, favouring private deals over public offerings due to new Western sanctions, traders said on Thursday. About a quarter of Russian oil Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Economy
  • Russia

Retreat from Russia riddled with risks for Western banks

As they switch off the lights in Moscow, the world’s top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while complying with sanctions that have rewritten Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Economy
  • Russia

Russia Bonds Rise, Default Risk Tumbles as Payment Sent to Citi

Russian dollar bonds rose, and the cost of insuring the nation’s debt against default dropped after people familiar with the matter said funds earmarked for interest payments on the Russian Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

Big Tobacco’s future in Russia goes up in smoke

As retreats from Moscow go, those by tobacco companies since the invasion of Ukraine are rather halfhearted. While other brands have closed operations and left the country, the makers of Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

Russian Oil Exports Rise Despite Reluctant Buyers

Seaborne crude oil exports from Russia have been higher so far this month compared to February. Petro-Logistics sees the first signs that “a bit more oil” is heading to China, Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Refining
  • Russia

Russia’s energy ministry proposes to defer refinery upgrades due to sanctions: report

Russia’s energy ministry is proposing to defer the planned completion of refinery upgrades because of sanctions announced after Russia’s invasion of Ukraine . Not registered? Receive daily email alerts, subscriber Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • Russia
  • United Kingdom

UK revokes Russian channel RT’s licence after probe into Ukraine coverage

 Britain’s media regulator said on Friday it has revoked Russian-backed television channel RT’s licence to broadcast in the UK with immediate effect after a probe into the impartiality of its Continue Reading

Posted On : 18 Mar 2022 Published By : Tom Whipple
Category:
  • India
  • Russia

India explores ‘rupee-rouble’ exchange scheme to beat Russia sanctions

India’s central bank is in initial consultations on a rupee-rouble trade arrangement with Moscow that would enable exports to Russia to continue after western sanctions restricted international payment mechanisms. The Continue Reading

Posted On : 17 Mar 2022 Published By : Tom Whipple
Category:
  • East Asia
  • Russia

North Asian buyers avoid Far East Russian crudes in March on sanctions, payment hassles

Highlights Russian producers seek ways to offer financial support Payment concerns grow, China takes a step back North Asian refiners under pressure to cut runs Crude oil from Far East Continue Reading

Posted On : 17 Mar 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

UK military intelligence says Russia’s invasion of Ukraine has largely stalled

Russia’s invasion of Ukraine has largely stalled on all fronts, with Russian forces suffering heavy losses and making minimal progress on land, sea or air in recent days, British military Continue Reading

Posted On : 17 Mar 2022 Published By : Tom Whipple

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