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January 2, 2024
(Bloomberg) -- Russia’s seaborne crude exports ended the year on a high, as four-week average shipments climbed to the highest since early November and weekly flows jumped to the most since July.Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsTokyo Runway Collision Leaves 5 Dead, Airbus Aircraft AblazeUS Pressured Netherlands to Block China-Bound Chip MachineryIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesQuake Hits Northwestern Japa...
December 21, 2023
Russian billionaire Roman Abramovich lost a challenge against the EU’s decision to freeze his funds and ban him from travelling in the 27-nation bloc.
December 12, 2023
(Bloomberg) -- Russia’s seaborne crude exports climbed on a four-week average basis, driven by a big jump in weekly flows after storms that disrupted Black Sea shipments finally abated. Loadings soared at the port of Novorossiysk, with a full week of uninterrupted activity.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Who Was Paid $100 Million Since 2020 to Step DownRaimondo Vows ‘Strongest Possible’ Action on ...
December 7, 2023
Government-controlled refineries in India, including Bharat Petroleum and Hindustan Mittal Energy, are reportedly seeking to purchase Venezuelan crude oil, joining Reliance Industries in the competition for discounted barrels. The move comes as Venezuelas role in the global oil market shifts following the US relaxing sanctions on the nation.
December 5, 2023
(Bloomberg) -- Russia’s four-week average seaborne crude exports fell to the lowest in three months, with storms in the Black Sea disrupting shipments for a third week. Loading activities remained sluggish at the port of Novorossiysk even after they restarted on Nov. 30.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtStocks Slip as Traders Push Back on Rate Optimism: Markets WrapHarvard Alumni...
November 22, 2023
Russian oil-product flows have surged so far this month.
November 21, 2023
(Bloomberg) -- Russia cut back its seaborne crude exports to the lowest since August before a meeting of OPEC+ oil minsters this weekend when compliance with production cuts will be in sharp focus. The move came after shipments surged in October.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft...
November 14, 2023
(Bloomberg) -- Russia’s seaborne crude shipments eased slightly ahead of a meeting of OPEC+ oil minsters later this month, bringing flows back below the level pledged by Moscow. The move comes after exports surged in October.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Ma...
October 18, 2023
(Bloomberg) -- President Volodymyr Zelenskiy discussed ways to strengthen Ukraine’s air defenses and protect grain shipments, as well as critical infrastructure, in calls Wednesday with the French president and the Norwegian prime minister.Most Read from BloombergBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastHospital Blast Kills Hundreds as Israel, Hamas Trade BlameStocks Drop, Oil Climbs on Renewed Mideast Risks: Markets WrapUPenn Donors Pile Pressure on School as David Magerm...
October 18, 2023
The nation’s seaborne crude exports rebounded in the seven days to Oct. 15, boosting four-week average flows to their highest in more than three months.