Russian Oil Accumulates at Sea Due to Sanctions and Falling Demand
The volume of maritime shipments of Russian oil has been decreasing for the third consecutive week, reaching its lowest level…
crude oil
Oil Production in Russia Increased in October but Remained Below OPEC+ Limit
In October, crude oil production in the Russian Federation increased to an average of 9.41 million barrels per day, which…
G7 Plans to Introduce Dual Price Cap on Russian Oil Products, EU Countries Propose Tariffs
The G7 countries, which include the USA, Canada, Japan, Australia, and 27 EU member states, are already working towards limiting…
Reliance Industries Replaces Russian Oil Supplies with Imports from the Middle East and the USA
Indian corporation Reliance Industries Ltd. has made significant purchases of crude oil from Middle Eastern countries and the United States.…
Oil Prices Decline Amid US Sanctions Against Russian Companies
As of the morning of October 24, oil prices are showing a decline after a previous increase, although the market…
Indian Refineries Reduce Russian Oil Imports by 50%
Following recent trade negotiations between India and the United States, Indian refineries have begun to gradually reduce their purchases of…
Oil Prices Fall Amid Expectations of the US Federal Reserve’s Decision
On Tuesday, oil prices experienced a slight decline after rising more than 1% during the previous trading session. Investors are…
Global Oil Prices May Decrease Due to OPEC+ Decision to Increase Production
Following the new agreements among OPEC+ countries to increase oil production by 137,000 barrels per day, experts predict a potential…
Oil Prices Fall Amid New US Sanctions and Market Expectations
After a recent increase of over 1% in the previous trading session, oil prices in Asia demonstrated a decline on…
Nayara Energy to Receive Record Low Oil Volumes Due to EU Sanctions
The Indian refinery Nayara Energy, which is partially controlled by the Russian company Rosneft, is facing a historic low in…