Page 38 - Dated Brent News Today

Russia is selling its crude oil at record discount rates as the country prepares for the possibility of tough sanctions from Western nations following the beginning of its war with Ukraine. The [...]

The shipping news suggests insurers have reason to be careful, with at least two merchant vessels hit.

Oil extended its retreat from a seven-year high after the U.S. reiterated its decision not to sanction Russian energy exports.

By Alex Longley, Archie Hunter and Ann Koh / Bloomberg RUSSIA’S invasion of Ukraine has brought turmoil to commodities markets as the conflict ensnares merchant shipping.  At least three merchant ships have been reportedly hit since Russian forces began the attack on its neighbor this week. Insurers are either not…

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

Amid a general unwillingness of tanker owners to send their vessels to Russian ports, the freight rates for a medium-sized tanker to load Russian crude jumped nearly threefold on Thursday from Wednesday

By Alex Longley, Archie Hunter and Ann Koh (Bloomberg) — Russia’s invasion of Ukraine has brought turmoil to commodities markets as the conflict ensnares merchant shipping. At least two merchant ships...

Russia’s crude oil is being sold at record discount rates as the country faces tough sanctions from Western nations following its invasion of neighboring Ukraine.

At least two merchant ships have been reportedly hit.

Wall Street fell on the threat of extended sanctions against Russia; The S&P500 entered correction territory; Oil and gold rallied.