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Oil markets hit multiple records as Russia sanctions bite, disrupt trade flows | Hellenic Shipping News Worldwide - Vimarsana News

Oil markets hit multiple records as Russia sanctions bite, disrupt trade flows | Hellenic Shipping News Worldwide

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers. Brent crude LCOc1 topped $112 a barrel on Wednesday, the highest since 2014, shrugging off news that several developed ...

Middle East Crude-Benchmarks ease from record highs as month-end trades drop - Vimarsana News

Middle East Crude-Benchmarks ease from record highs as month-end trades drop

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Source: zawya.com
Middle Eastern Oil Nations Hike Prices As Production Falters - Vimarsana News

Middle Eastern Oil Nations Hike Prices As Production Falters

Middle Eastern producers hiked oil prices for March as global inventories tighten and the disparity between OPEC’s self-reported production and third-party assessments widens

Russian Urals in focus amid sanction scare as Middle East crude prices bite | Hellenic Shipping News Worldwide - Vimarsana News

Russian Urals in focus amid sanction scare as Middle East crude prices bite | Hellenic Shipping News Worldwide

Asian refiners are tracking prices of Russia’s Urals crude amid fears of sanctions as strong demand continues to boost values for various Middle East grades pressuring their margins, sources told S&P Global Platts. European refiners, the baseload buyers of the medium, sour crude, have been shying away favoring sweeter barrels due to better refining economics ...

Middle East Crude-Oman, Murban extend gains to new highs - Vimarsana News

Middle East Crude-Oman, Murban extend gains to new highs

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Source: zawya.com