Russian oil exports from its western ports revised up 10% in March amid refinery outage MOSCOW: Russia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd)... Published 18 Mar, 2024 04:30pm
Markets Russia’s oil output, exports hold up in early 2023 MOSCOW: Russia’s oil production rose 0.1% in the period from January 1 to 9, to stand at about 10.9 million barrels... Published 11 Jan, 2023 12:35pm
Markets ‘No practical effect’ of Russian oil exports ban on Germany BERLIN: A Russian decree that bans the supply of crude oil and oil products to countries abiding by a Western price... Published 28 Dec, 2022 05:17pm
Markets Putin bans Russian oil exports to countries that imposed price cap MOSCOW: President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing... Published 27 Dec, 2022 10:01pm
Markets Russia may cut oil output in response to price caps: report Russia may cut oil output by 5%-7% in early 2023 as it responds to price caps on its crude and oil products by... Published 23 Dec, 2022 10:37am
Markets Oil prices rise over $2 on drawdown in US crude stocks HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in US crude... Published 22 Dec, 2022 05:57am
Markets Russian oil exports fall by 11% for Dec 1-20 MOSCOW: Russian oil exports fell by 11% for Dec. 1-20 compared to the previous month, after the European Union’s... Published 21 Dec, 2022 12:26pm
Markets US oil may hover above $88.10 for one day before falling SINGAPORE: US oil may hover above a support at $88.10 per barrel on Wednesday or bounce towards $90.22 before... Published 12 Oct, 2022 09:58am
Business & Finance Oil exports helping cushion Russian economy: IMF MOSCOW: Russia’s recession will be less severe than expected due to oil exports and relatively stable domestic... Published 12 Oct, 2022 05:46am
World Ukraine nuclear plant loses power line, Moscow makes Europe sweat over gas KYIV: A nuclear power plant on the front line of the Ukraine war again lost external power, UN inspectors said on... Updated 04 Sep, 2022 02:23pm
Markets Russia exporting lighter, sweeter Urals oil as taps Asia demand MOSCOW: Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted... Published 28 Jun, 2022 06:10am