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April 24, 2024
Russia’s seaborne crude exports maintained a multimonth high in the four weeks to April 21 as the country’s refineries struggled to recover from flooding and Ukrainian drone attacks. Oil processing is near the lowest since May last year after floods forced the Orsk refinery offline, while runs at plants damaged by military strikes continue to lag normal…
April 23, 2024
(Bloomberg) -- Russia’s seaborne crude exports maintained a multimonth high in the four weeks to April 21 as the country’s refineries struggled to recover from flooding and Ukrainian drone attacks.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosZimbabwe’s ZiG Wipes Out 330% Stocks RallyApple’s China iPhone Sale...
April 9, 2024
Shipments from Primorsk and Ust-Luga were down by one-fifth from the previous week
April 2, 2024
(Bloomberg) -- Russia’s seaborne crude exports jumped in the final week of March to the highest so far this year, even as average shipments in the first quarter were close to the level pledged by Russia to its OPEC+ partners.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterIran Vows to Punish Israel for Strike on Embassy in SyriaCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownErdo...
March 26, 2024
(Bloomberg) -- Russia’s seaborne crude exports clawed back about half of the previous week’s losses even though there’s growing evidence that sanctions are finally starting to stymie Moscow’s oil supply chain.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionVital Baltimore Bridge Collapses After Being Struck by ShipAfter Exposing Realtors,...
February 27, 2024
(Bloomberg) -- A temporary halt in shipments of Russia’s Sokol crude from Sakhalin Island on the Pacific Coast was offset by a surge in flows of ESPO from nearby Kozmino, lifting four-week exports to the highest level in almost four months.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier a...
February 22, 2024
Indias state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and US sanctions. The attacks in the Red Sea by Houthi rebels have disrupted fuel trade, impacting Indian refiners and potentially eroding their competitive edge.
February 21, 2024
A boom in Scottish diesel imports offers a glimpse into the countrys future energy security ahead of the potential closure of its only oil refinery.
February 20, 2024
India Business News: Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on merchant shipping continue to disrupt international trade, driving more cargoes to Asia.
February 20, 2024
Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on merchant shipping continue to disrupt international trade, driving more cargoes to Asia.