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…
Posts tagged as “oilprice.com”
By Simon Watkins Russia’s war in Ukraine has put China in a somewhat precarious position. Russia is an important energy (trade) partner to Beijing. Russia’s…
by Tsvetana Paraskova Vladimir Putin’s demand for “unfriendly” nations to pay for natural gas in Rubles has yet to impact gas flows. The Kremlin has…
by Charles Kennedy With all attention on the war in Ukraine, Libyan oil is once again coming under threat as the prospect of a renewed…
by Charles Kennedy Canada is looking for ways to increase pipeline flows of crude oil to its southern neighbor, Canadian natural resources minister Jonathan Wilkinson…
by Tsvetana Paraskova The U.S. Senate passed on Thursday a cyber incident reporting bill requiring operators of critical infrastructure to report to the federal government…
By Charles Kennedy The members of the International Energy Agency are ready to release more oil from their strategic emergency reserves to tame the surging oil…
by Tsvetana Paraskova Russia’s invasion of Ukraine has highlighted the need for Europe to improve its energy security by reducing its reliance on Russian gas.…
by Julianne Geiger In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to…
By Cyril Widdershoven Russia’s invasion of Ukraine has caused plenty of analysts to worry about the future of global financial and energy markets, but there…
by Alex Kimani As tensions between Ukraine and Russia reach a boiling point, several key commodities could be impacted. Russia accounts for ~6% of global…
by Charles Kennedy Canadian oil producers are exporting crude to the U.S. at record rates, Reuters has reported, adding that demand for the heavy, sour crude that…
by Irina Slav During the last shale oil boom when producers were racing to see who could pump the most the fastest, some experts warned that…
By Irina Slav Brent crude touched $90 per barrel briefly this week for the first time in years. This latest jump was attributed to tensions around…
By Haley Zaremba Europe’s energy crisis has already cost governments tens of billions of dollars and a looming confrontation with Russia would only make that…
By Tsvetana Paraskova China has agreed with the United States to release crude from its SPR around the Lunar New Year holiday on February…
By Charles Kennedy Residents in the Groningen area in the Netherlands have voiced their anger at a plan by the Dutch government to potentially double this…
By Simon Watkins Oman continues to expand its cooperation with China as it looks to build out its petrochemical sector Oman’s options to raise money…