Russian oil sold to India below price cap in buyers' market
Russia has said it will not abide by the cap even if it has to cut production
Source: tribune.com.pk
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Russian Oil Sold To India At Deeper Discounts, Below Price Cap: Report
The European Union ban on imports of Russia's seaborne oil from Dec5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.
Source: ndtv.com
Middle East Oil Producers Under Pressure To Cut Prices Again
Following a year of rising crude demand and tight supply, the crude futures market is now pointing at oversupply, and many Middle East producers will be forced to slash premiums again
Source: oilprice.com
Oil Freight at $100,000 Piles Pressure on Crude Markets
Soaring shipping costs are piling pressure onto physical oil markets.
Source: rigzone.com
Soaring Tanker Rates Pile Pressure on Crude Markets
By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are already being hit by uncertainty surrounding a...
Source: gcaptain.com