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Markets call Trump’s bluff on Russian oil sanctions in increasingly risky game
U.S. President Donald Trump's threat to choke off Russia’s oil revenue via secondary sanctions would deal a hammer blow to Moscow's finances, but markets are betting that the risk of higher energy prices will keep Washington from following through.
Tanker rates from Russian Baltic Sea oil ports have fallen over the last month, but new sanctions could change that, traders ...
Sri Lanka’s interest in diversifying its oil supply portfolio by exploring crude imports from South Sudan may pose serious ...
Malaysia will fully enforce regulations pertaining to illegal ship-to-ship transfer of crude oil in Malaysian waters ...
Indonesia has widened its probe into alleged corruption at state energy company Pertamina to include a Trafigura employee and ...
Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted ...
While the oil market watches for an oversupply of crude oil that could push prices lower, the world also waits for a shortage ...
India should consider diversifying its crude oil imports by tapping into Western Canadian Select (WCS) to reduce reliance on ...
Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...
Nigeria loses N7.2 trillion out of N9 trillion ($6billion) annual freight rate to foreign shipping companies over a lack of ...
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