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Pakistan's Finance Minister Muhammad Ishaq Dar said Islamabad is willing to buy Urals grade crude from Russia at the same discounted price that Moscow is offering it to New Delhi. Dar expressed confidence that western governments …
Iran could become a hub for the supply of Russian oil and gas products to other countries, Alireza Varnaseri, a member of the Majlis (parliament) commission on energy, said this on Monday in an interview with the Iranian Shana news agency. …
The summit of the European Political Community in Prague, which ended the day before, did not bring clarification to Europe on the solution of the energy crisis, says a report by the German TV channel Das Erste ("First"). …
New sanctions by G7 countries on Russia will target its oil and products in three phases, senior U.S. treasury official Ben Harris told the Argus European Crude Conference in Geneva on Tuesday. Harris, the Treasury's assistant …
India’s September imports of Russian oil rose 18.5% from August after falling for two months, making it the country’s second-largest crude supplier after Saudi Arabia, according to energy cargo tracker Vortexa. The import of …
Imports of Russian oil totalled 8.342 million tonnes, up 28% Y/Y, the equivalent of 1.96 million barrels per day
U.S. Treasury Secretary Janet Yellen said Sunday that there is a "risk" that U.S. gas prices could rise again later this year, as fears grow over the possibility that Americans' wallets could be strained by a spike in …
Germany’s Finance Minister Christian Lindner said he’ll be “inviting all members of the EU to support the idea of an oil price cap.” Speaking before an informal meeting of European Union finance chiefs in …
Russia was second in crude oil production after the United States in June 2022, the state statistics service Rosstat reported on Wednesday. Saudi Arabia was third. Russia’s crude oil production was 10.667 barrels daily in June …
Ursula Patz says that anti-Russian sanctions will imperil her city. “Sanctions that end up hurting you more make no sense. An oil embargo “won’t harm Russia — they’ll just sell the oil to someone …
Afghanistan would like to exchange oil products from Russia for domestically extracted minerals, acting Afghan Minister of Industry and Trade Nooruddin Azizi said on Friday. "Our priority is to import Russian goods under a …
Liquid hydrocarbons production in Russia can grow in 2022 by 0.77% or by 80,000 barrels daily against 2021 and reach 10.88 mln barrels daily, the Organization of Petroleum Exporting Countries (OPEC) said in its August report. OPEC …
Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russia's Transneft said on Tuesday. Flows along the …
Oil buyers in southern Europe are quietly returning to the market for Russian crude, with a European Union ban on such shipments still four months away from coming into force, Bloomberg reported. Shipments of Russian crude to ports in …
Member-states of the Group of Seven (G7) are considering an opportunity of introducing the complete ban on services of oil carriage from Russia if its price is not approved by ‘international partners’ according to the foreign …
The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said. …
Russia's finance ministry is proposing to raise the cut-off oil price for its fiscal rule - the level at which Moscow starts buying foreign currency with profits on energy sales - to $60 a barrel, the Vedomosti daily reported on Tuesday. …
The United States and its allies have discussed trying to cap the price on Russian oil between $40 and about $60 a barrel, according to people familiar with the matter. Allies have been exploring several ways to limit Russia’s oil …
China extended record imports of low-priced Russian crude oil into June despite a lockdown-induced slackening in its total crude oil imports, squeezing out supplies from the Middle East and West Africa, according to tanker trackers and …
Sri Lankan President Gotabaya Rajapaksa has sent an appeal to his Russian counterpart Vladimir Putin asking for cooperation on oil supplies, the Lanka-based Daily Mirror newspaper reported on Thursday, citing a source close to Rajapaksa's …
