Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.
Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades, the southeast African nation’s finance ...
Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on ...
US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia and Canada amid ...
Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...
Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil strategist Julian Lee. On Jan. 10, the US Treasury sanctioned ...
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
Russia’s flagship crude oil has dropped back below a price cap of $60 a barrel for the first time since December, one of ...
The flow of seaborne oil fell sharply in January, led by a plunge in shipments from Mexico and Brazil. The two nations’ ...
The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is ...
China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s ...