China and India may seek oil from other regions, while Russia might offer discounts.
Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than ...
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight ...
New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and forced Asian buyers to seek alternative sources.
The Russian rouble weakened slightly against the U.S. dollar and China's yuan on Monday, as rising oil prices offset the impact of a new U.S. sanctions package targeting Russia's oil and gas revenue.
Oil prices rose on Monday, extending their gains for a third consecutive session after the US imposed broader sanctions on ...
The publication notes that even high-ranking Russian officials are publicly expressing concern about the real state of ...
Gazpromneft Marine Bunker, the marine fuels arm of Russian state-controlled oil company Gazprom Neft, has been added to a US sanctions list alongside its parent company and related entities.