In China, there is a lack of interest in March deliveries of oil from Russia following the imposition of new American ...
China and India have halted trade in Russian oil due to US sanctions, which have caused a sharp rise in tanker shipping costs ...
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an ...
The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.
Russian oil transactions from March are stalled in Asia as China and India navigate significant freight rate increases post ...
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...
Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...
Offers for Espo crude exported from the key Russian Pacific port of Kozmino have spiked to premiums of between $3 and $5 a ...
In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...