"Mystery Middlemen" Make Billions From Sanctioned Russian Crude
Middlemen and oil merchants that facilitate the sale of sanctioned Russian crude are making almost a billion dollar per month in the process
Source: oilprice.com
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Russia's Urals Oil Price Is Still Below The G7 Cap
The price of Russia’s flagship crude grade continues to average below the price cap set by the G7.
Source: oilprice.com
Nigeria's Oil Goes Unsold as Tax Clawback Shakes Confidence
A glut of unsold Nigerian oil has built up again.
Source: rigzone.com
India, China bought 80% of Russia's oil in May: IEA
Russia-origin seaborne crude exports averaged 3.87 million barrels per day in May, the highest since Russia invaded Ukraine in February 2022.
Source: moneycontrol.com
India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
Source: ndtv.com