oil
EU will not lower Russian oil price ceiling without G7 support
The proposal to limit the price of Russian oil to $45 per barrel will not be included in the new sanctions package due to the lack of unity among partners.
Most G7 members ready to lower price ceiling for Russian oil without US
Most G7 countries are ready to act independently and lower the “price ceiling” for Russian oil, even if the United States refuses to do so.
Oil tanker bound for Russia runs aground in Sweden
The Panamanian-flagged oil tanker Meshka, bound for Russia, ran aground in the Öresund Strait in Sweden.
The Finnish Foreign Ministry proposes lowering the price ceiling for Russian oil to $40/barrel
The Finnish Foreign Minister believes that the “price ceiling” for Russian oil could be lowered to $40 per barrel.
Russian oil exports increase despite sanctions
Russian oil exports rose for the second week in a row, with oil flows from all Russian ports rising to 3.26 million barrels per day.
Greek shipowners return to Russian oil market due to falling prices
Greek shippers are returning to the Russian oil market as prices fall below the G7 “price ceiling.”
Three more Russian insurers seek Indian permission to insure tankers
Three Russian insurers, including a subsidiary of Sberbank of Russia, have applied to India for permission to insure marine oil cargoes.
Glencore has finally exited RussNeft
One of the world’s largest commodity traders, Glencore, has sold its stake in Russia’s RussNeft.
Intelligence: Georgian citizen involved in transactions with sanctioned Russian oil
Intelligence has identified the captain of the sanctioned vessel Facca, which is transporting Russian oil.
Turkey’s largest refinery resumes purchases of Russian Urals oil
Turkey’s largest oil refiner Tupras has resumed purchases of Russian Urals crude
