Page 2 - David Wech News Today

Why is India so thirsty for Russian oil?

Despite India’s purchases, Russia is still earning less than it did prior to the invasion from its oil exports — in part because of the additional cost and difficulties such as obtaining insurance to ship its crude halfway around the world.

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

Tanker rates have jumped by 400% following the latest round of EU and G-7 sanctions targeting Russian petroleum exports

Sanctions have split the world’s tanker fleet in two. On one side, those that follow Western rules; on the other, those that don’t.

Russia has managed to keep its oil moving to world markets, defying fears that sanctions imposed last month would lead to a plunge in exports, the Wall Street Journal said.

Gatik Ship Management, which took control of 25 tankers after the invasion of Ukraine, now shuttles Russian crude along new trade routes

LONDON - An upcoming European Union embargo of Russian refined oil products has already started to reroute diesel barrels, as the bloc is being supplied with more diesel from Saudi Arabia and the United States, and Russian diesel supplies are likely to find homes in Africa, the Mideast and Latin America, according to data compiled by Anadolu. The EU will impose a ban on imports of Russian diesel, jet fuel and other oil products that will come into effect on Feb. 5. The G-7 is also working on pri...

View our latest report and price chart as biodiesel prices are expected to come down making the UK's compliance ticket market less volatile in 2023.

Russia focuses on other markets, like India and China, with fall in European buyers due to sanctions - Anadolu Agency