Page 5 - Dated Brent News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Disruptions to shipping in the Red Sea and via the Suez Canal are raising the prices of African and U.S. crude grades and expanding the backwardation in the global Brent crude benchmark

(Bloomberg) -- A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.Most Read from BloombergS&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets WrapTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow. About half of the 50 tankers that…

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher

China’s independent refiners continue to delay purchases of crude from Iran for February as the Islamic Republic is now demanding higher prices and upfront payments before loading the cargoes