Oil
Frontline Tankers continues to transport oil cargo from Russia
Tankers of the shipping company Frontline Tankers transport Russian oil cargo from the port of Novorossiysk.
Tanker with Russian oil worth $68 million is heading for Rotterdam
An American tanker was spotted in the Black Sea, which is sailing from the port of Novorossiysk (Russia) to the port of Rotterdam (Netherlands).
Germany intends to increase oil and gas production in the North Sea
Germany plans to revise its ban on allowing new drilling for oil and gas in the North Sea.
Trafigura, Vitol and Glencore continue to buy Russian oil – The Times
International companies continue to trade in Russian oil, gas and fuel despite sanctions against Russia.
Australia bans Russian energy products imports
The Australian government has decided to ban the import of oil, gas, coal and oil products from Russia because of its aggression against Ukraine.
Colombia is ready to increase oil supplies to the US
Colombia is ready to increase oil exports to the United States of America amid the ban on oil and gas imports from Russia.
Bunker fuel prices peaked due to war in Ukraine
The cost of marine fuel amid the Russian military aggression in Ukraine has risen to a record level around the world.
The United States imposed a ban on all imports of Russian oil and gas
The United States of America imposes a ban on all imports of Russian oil and gas.
OPEC+ increases oil production
OPEC+ will continue to increase oil production by 400 thousand barrels per month til the end of the year.
What was happening to the oil this summer?
Tomorrow, on September 1st, an OPEC+ members meeting will take place. It depends on the new meeting whether oil production will remain at the same level or decrease.