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The EU failed to agree on price caps on Russian seaborne crude oil again on Monday, even though the mechanism is due to enter into force on December 5. What's... 29.11.2022, Sputnik International
Asia may gain an edge in negotiating bigger discounts for spot Russian cargoes, seal some long-term contracts, as well as witness the emergence of new buyers in the region, as the EU’s move to distance itself from those cargoes may create a problem of plenty for the leading non-OPEC supplier. The latest pledge by the ...
Asian refiners that regularly purchase Black Sea crude oil said shipments of Russian Urals and Kazakhstan’s CPC Blend for delivery in March and April have not been affected by Russia’s military operation in Ukraine, but the companies said they would reassess logistical risks in the Black Sea route. Overall, Asian refiners were broadly unfazed by ...