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Russia's Seaborne Crude Exports Are Battered by Winter Storms - Vimarsana News

Russia's Seaborne Crude Exports Are Battered by Winter Storms

(Bloomberg) -- Russia’s seaborne crude shipments fell further last week, with flows from a key Pacific port that supplies Chinese buyers halted for five days by high winds and freezing temperatures.Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsIsrael Military Sees It

Source: yahoo.com
China to Refill Oil Reserves Following 2023 Drawdown - Vimarsana News

China to Refill Oil Reserves Following 2023 Drawdown

China, after depleting its strategic oil reserves throughout 2023, plans to cautiously refill its stocks in 2024, without triggering a significant surge in global oil prices.

Russian Crude Shipments Hit by Storms and Baltic Drone Strike - Vimarsana News

Russian Crude Shipments Hit by Storms and Baltic Drone Strike

(Bloomberg) -- Russia’s seaborne crude shipments fell to the lowest in almost two months, undermined by adverse weather and a Ukrainian drone strike that briefly halted flows from a key Baltic export terminal.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JP

Source: yahoo.com
Oil's Red Sea Pinch Point Could Get Tighter After US Airstrikes - Vimarsana News

Oil's Red Sea Pinch Point Could Get Tighter After US Airstrikes

(Bloomberg) -- A major drop in shipments of oil and fuel through the Red Sea could become even bigger due to the risk Houthi rebels will retaliate following the US-led attacks on their bases in Yemen.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Assistant, EngineeringUS and UK Strike Yemen’s Houthis After Red Sea Ship AttacksUK’s Sunak Authorizes Joint Military Strikes With US Against HouthisHertz to Sell 20,000 EVs in Shift Back to Gas-Powered CarsSEC Authorizes Bitcoin-Spot ETF

Source: yahoo.com
Russia's Crude Exports Start 2024 in Line With Pledged OPEC+ Cut - Vimarsana News

Russia's Crude Exports Start 2024 in Line With Pledged OPEC+ Cut

(Bloomberg) -- Russia’s seaborne crude shipments began 2024 exactly in line with Moscow’s pledge to cut the country’s exports as part of the wider OPEC+ effort to stabilize global oil markets.Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntChinese Billionaire Is Second-Biggest Foreign Owner of US LandBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysEmirates’ Clark Says Blowout Illustrates B

Source: yahoo.com