“Yet US tariffs — and any retaliatory ones against the US — may lead to trade wars, have an inflationary impact and hit the ...

According to StanChart, the new restrictions roughly triple the number of directly sanctioned Russian crude oil tankers, enough to affect around 900,000 barrels per day (bpd). Whereas it’s ...

India has received clarification from the U.S. that the Russian oil tankers sanctioned earlier this month are allowed to discharge their crude at Indian ports until February 27. Trade after ...

In 2024, those tankers carried around 1.5 million barrels of crude oil per day and just 200,000 barrels per day of refined products, according to analysis from Morgan Stanley. Surgutneftegaz's ...

MOSCOW (Reuters) - Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude ...

Moscow bought old tankers, which are now transporting crude oil to Indian ports in order to circumvent the sanctions. Russia has high revenues thanks to India Thanks in part to India, Russia earns ...

Two oil tankers hauling crude from Russia made U-turns as they sailed past France and are now at a standstill near the northern port of Cherbourg. There’s no suggestion their unusual movements ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

US President Donald Trump’s statements toward the Strategic Petroleum Reserve (SPR) are conflicting but also might be the ...

MOSCOW (Reuters) - Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more ...