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New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since ...
The halt on Russian oil purchases is followed by a drop in discounts on Russian crude to their lowest levels since 2022, ...
6hon MSN
A number of oil tankers carrying Russian crude are currently waiting off India's western coast, raising concerns over New ...
New EU sanctions targeting Russia's oil industry are set to disrupt global diesel flows, intensifying market pressures.
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia. By Stanley Reed Reporting ...
Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...
Oil and gas extraction employment is even more lucrative, with salaries above $200,000. Removing sanctions against Russia would harm the U.S. economy and worsen our trade deficit.
Kremlin spokesman Dmitry Peskov shrugged off the EU move, which would, at current prices, aim to cap the price of Russian crude at roughly $47.60 per barrel. Benchmark Brent futures rose marginally on ...
But Russia has regulated the industry so poorly that production is falling despite the soaring oil price. "Tax is the major impediment," Redman said.
Russia's daily oil exports from its western ports are set to be around 1.77 million barrels per day (bpd) in August, down ...
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