Page 33 - Dated Brent News Today

The geopolitically exposed dirty tanker markets are likely to remain highly volatile through second quarter of 2022 as crude oil fundamentals remain uncertain. Following the Russian invasion of Ukraine, several dirty tanker freight rates spiked to multiyear or all-time highs as uncertainty flooded into the oil markets. Freight for the Baltic-to-UKC and the Black Sea-to-Mediterranean ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Russia wants India to take 15 million barrels contracted for this year just to begin with, sources say

Russia is offering India steep discounts on the direct sale of oil as mounting international pressure lowers the appetite for its barrels elsewhere following the invasion of Ukraine, according to people with knowledge of the matter.

A potential major release of strategic petroleum reserve over the coming months would lower Goldman Sachs’ Brent crude price forecast by $15/b for the second half of 2022 but could support higher oil prices in 2023, the investment bank said March 31. Crude prices fell sharply late March 30 on reports that the US was ...

Russian oil production has officially started to decline as the country struggles to sell cargoes due to the fact that no one is bidding in Europe

A Geneva-based seller is looking to unload its Russian ESPO crude oil for payments in yuan in China

Gulf Keystone, an operator and producer in Iraq, swung to a profit in 2021 on the back of a 19 percent increase in gross average production.

Russia is offering India steep discounts on the direct sale of oil, as mounting international pressure lowers the appetite for its barrels elsewhere following the invasion of Ukraine, people with knowledge of the matter said. The sanctions-hit nation is offering its flagship Urals grade to India at discounts of as much as US$35 a barrel on prices before the war to lure India to increase its shipments, the people said, asking not to be identified discussing confidential deliberations. Headline Br...

As war rages in Ukraine—including a Russian bombing raid within 20 km of a NATO member’s border—the key question for the oil market is whether Russian oil export volumes fall or are redirected elsewhere, especially in April and May when flows will reflect deals made after the Russian invasion. Before the invasion, Russian oil exports ...