Page 13 - Primorye News Today

Oil prices on Friday rose more than 4% after the U.S. tightened sanctions against Russian crude exports.

European gas prices have jumped above the €50 per MWh threshold for the first time since August, sparking fears of a winter supply shortage.

OFAC has imposed sanctions on two companies for carrying Russian crude cargoes priced above the cap.

US officials have imposed sanctions on companies violating the $60 per barrel price cap on Russias seaborne crude exports for the first time on October 12. Simultaneously, an international coalition...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Global oil markets remained on edge today following yesterday’s announcement that the U.S. with the support of the G7 and Australia was imposing the f...

It looks like the days of Russia’s so-called “shadow fleet” are numbered. The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced Thursday that it had...

The United States' decision to impose stricter sanctions on Russian crude sales triggers a 4% surge in global oil prices, raising concerns about volatility

The U.S. imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year ago.

The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel…