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Russia, Oil and US sanctions
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said on Monday.
Oil Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months.
Oil Hits Five-Month High as US Sanctions on Russia Menace Supply
Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top producers.Most Read from BloombergThese Homes Withstood the LA Fires.
US and UK toughen sanctions on Russian oil industry
The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy revenue that is fuelling its war in Ukraine. The measures target more than 200 entities and individuals ranging from traders and officials to insurance companies, as well as hundreds of oil tankers.
Oil rises as traders assess sanctions impact
Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy companies and tankers carrying Russian oil. Brent crude futures were up 80 cents,
Oil Edges Higher Amid Uncertainty on Effect of U.S. Sanctions
Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.
US Sanctions to Have 'Significant' Impact on Russian Oil
The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it,
Oil gains capped by uncertainty over sanctions impact
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact. Brent crude futures rose 16 cents,
Lukoil, Russia and Volgograd
Explosion heard before fire at Lukoil refinery in Volgograd, Russian media report – video
Russian media outlets have reported that a fire has broken out at the Lukoil oil refinery in Volgograd in Russia following an explosion on the night of 14-15 January. Source: The Moscow Times Details: The oil refinery is located in the Krasnoarmeysky district of Volgograd.
Diesel Hydrotreating Unit at Russia's Lukoil Refinery Caught Fire, Now Extinguished Sources Say
MOSCOW (Reuters) - A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. "All extinguished. Hydrotreating has been stopped. It is not yet clear how long it will take to repair it," one source said.
Massive fire erupts at Lukoil refinery in Russia's Volgograd
The fire at the refinery in the Krasnoarmeysky district of Volgograd started around 4:00 a.m. Locals reported hearing an explosion on social media. Emergency services in the city confirmed the fire at the refinery,
5d
on MSN
The US is tightening its grip on one of the key pillars of Russia's economy
Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
5d
on MSN
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on ...
5d
on MSN
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
2d
on MSN
The US keeps hitting Putin's war chest with energy sanctions. The impact goes beyond Russia.
China and India may seek oil from other regions, while Russia might offer discounts.
Hosted on MSN
15h
U.S. Cripples Russia’s Arctic Oil Industry
These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
1d
Russia's Lavrov says Moscow in contact with Serbia on NIS oil firm ownership
Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...
15h
Oil shipping rates extend rally after US imposes wider sanctions against Russia
US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...
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