oil
EU lowers price ceiling for Russian oil to $44.1 per barrel from February 1
Any sea transportation of Russian oil involving European services will be legal only if the contract price does not exceed the new threshold.
Britain may sell oil from Russia’s “shadow fleet” to finance Ukraine, media report
Britain is considering selling oil from Russian “shadow fleet” tankers to finance Ukraine.
Rosneft tankers stuck in the sea near Asia
At least 12 Urals oil tankers are anchored off the southern coast of Oman, some since mid-December.
Trump approved bipartisan sanctions bill against Russia, says Senator Graham
The document provides for the introduction of new tools to punish countries that buy Russian oil. Republican Senator Lindsey Graham, after a meeting with US President Donald Trump, received approval to advance a bipartisan bill on sanctions against Russia. He reported this in X. According to Graham, the document, which he worked on together with Democratic…
EU may replace price cap on Russian oil with complete ban on maritime services, — Bloomberg
A complete ban would simplify control and significantly increase pressure on crude oil exports from Russia.
Indian refineries are accepting Russian oil again
In early January, about 2.2 million barrels of Russian oil could arrive at Reliance Industries’ Jamnagar refinery in India.
More than 20 tankers with Russian oil stuck near India and China
Oil volumes at sea have surged, with supplies stalling despite the highest shipments from Russia in 2.5 years.
India Reduces Russian Oil Imports Due to Increased Inspections, — Bloomberg
The regulatory filter was introduced as India seeks to push through a broader trade deal with the United States. India expects to sharply reduce its imports of Russian oil this month to about 800,000 barrels per day. This is due to increased inspections at ports and banks to comply with Western restrictions, Bloomberg reports. In…
The effect of US sanctions against Russian oil has now weakened, — Klymenko
The expert described how the effect of US sanctions against Russian oil had transformed as of the first decade of December.
Russia’s oil export revenues hit lowest level since start of full-scale war
Russia’s oil revenues fell to $11 billion in November, the lowest monthly level since February 2022.
