oil
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
Russia’s oil and gas exports have collapsed to their lowest since July 2023
Russia’s crude oil exports and related revenues have fallen sharply, reaching their lowest level since mid-July last year.
Disappeared from radar for a month: Chinese tanker transporting Russian oil from the port of Ust-Luga
The sanctioned tanker Leona (IMO: 9299721) is transporting 100 thousand tons of Russian oil to China.
Russia increasingly uses Western ships due to falling oil prices
Russia is increasingly transporting oil by Western tankers as oil prices have fallen below the G7 price ceiling.
