By Caden Pearson The U.S. government has announced the sale of up to 40.1 million barrels of crude oil to be released from the Strategic Petroleum Reserve (SPR) over the…
Posts tagged as “crude oil”
By Julianne Geiger Russia’s crude oil production is on the rise so far in May, Deputy Prime Minister Alexander Novak told TASS news agency on…
By Katabella Roberts Germany’s economy and climate minister, Robert Habeck, said on May 1 that the nation is making progress in cutting its reliance on Russian fossil fuels…
By Tsvetana Paraskova Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry. While China and India are…
by Naveen Athrappully Brent crude oil fell below $100 per barrel on April 11 due to concerns about COVID-19 lockdowns lowering Chinese demand, as well as…
By Alex Kimani China and India are emerging as Russia’s main crude buyers. Russia’s ESPO blend is especially popular among Asian refiners. Russia’s Urals crude…
By Bryan Jung Indian Oil Corp. India’s state-owned oil company, purchased 3 million barrels of crude oil from Russia earlier this week, defying Western pressure to avoid…
by Andrew Moran President Joe Biden announced Tuesday that the United States is banning Russian oil imports, stopping about 500,000 barrels per day of new crude shipments…
BY TYLER DURDEN By Lori Ann LaRocco of FreightWaves The self-imposed embargo of Russian oil is spreading to Kazakhstan crude, with three shipments canceled in…