Russia cushioned from sanctions as partners buy oil above quoted prices February 14, 2023 Russia's trade partners have increasingly paid more for Russian crude than quoted prices suggest Goldman Sachs.
Oil closes in on $100 milestone as Putin orders Russian troops into Ukraine February 22, 2022 Oil prices are surging on both major benchmarks amid growing fears of tightening supplies and conflict in Ukraine.
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
OPEC+ maintains modest hike in oil production as EU weighs up Russian import ban May 5, 2022 OPEC+ has agreed a modest increase in its oil production targets next month, following a meeting earlier today.
China targets stronger energy ties with Russia as G7 price cap looms November 29, 2022 China is prepared to strengthen its relationship with Russia on energy issues to ensure "international energy security."
£220m of oil money flows from UK to Russia since Putin sent troops and tanks into Ukraine April 27, 2022 Since the Kremlin sent troops and tanks across the border into Ukraine in February, the UK has imported around £220m worth of Russian oil, it has emerged. Figures released on Wednesday show 1.9 million barrels of oil, or 257,000 tonnes, have been imported since Russian President Vladimir Putin launched the latest stage of his eight-year [...]
EU prepared to water down oil ban to secure agreement ahead of summit May 29, 2022 The EU is edging towards a watered down package of sanctions on Russia after weeks of talks with holdout country Hungary.
Western sanctions struggle to hit Russian revenues, reveals IEA report June 15, 2022 Higher crude oil and fuel prices allowed Russian revenues to climb in May, revealed the International Energy Agency in its latest report.
Britain cuts off all Russian fuel imports for first time on record August 24, 2022 Britain has bought no fuel from Russia for the first time since records began, driven by the country shunning energy from President Putin in response to the invasion of Ukraine, official figures published today show. Fuel imports from Russia plummeted to zero in June, the first time Britain has ever recorded a complete weaning off [...]
Russian gas flooding Europe: New government should “seize the opportunity” to close loopholes in sanctions regime, warns lawyer July 2, 2024 A British business that trades in Russian liquefied natural gas by operating an "unusual ship", has not been breaching the sanctions put in places after the Russian invasion into Ukraine