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Russia rules the waves: While the West is suffering losses from maritime trade, Moscow’s volume is increasing In the midst of an already turbulent global landscape, a seismic geopolitical crisis…
The price cap on Russian oil exports introduced by the United States-led Group of Seven organization and the European Union late last year has not produced its desired effect. This is…
Russia avoiding Western sanctions on its oil trade by switching to the CHINESE YUAN and dumping the dollar When nations from the West flaunted a big plan to strangle Russian…
(NaturalNews) Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality…
(NaturalNews) Oil-producing giant Saudi Arabia has confirmed that it will extend its voluntary oil production cut until September.The state-owned Saudi Press…
(Natural News) Russian officials have confirmed two drone attacks on two different oil refineries in the country. One drone attack caused a fire to break out near the major oil…
(Natural News) The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European Union (EU) oil trade. In April, Russian oil…
(Natural News) Poland has threatened to cut off oil exports to Germany’s PCK Schwedt Refinery if it does not completely remove a Russian company as a shareholder. The PCK Schwedt…
(Natural News) Despite sanctions imposed by the West, Russian oil continues to power European vehicles – but only after passing through India’s oil refineries. Bloomberg reported on this development in…
(Natural News) Russia will radically shift its exports of oil, selling between 75 percent to 80 percent to “friendly” nations this year, according to Deputy Prime Minister Aleksandr Novak. The official…
(Natural News) Russia announced on Friday, Feb. 10, that it will cut oil production by 500,000 barrels per day in March in retaliation for a United States- and European Union-led…
(Natural News) The European Union is undermining its own sanctions against Russia by purchasing as much Russian diesel fuel as it can get its hands on before the ban on…
(Natural News) India is about to lose its access to Russian oil exports if the United States and its European allies push through with a plan to force Russia to…
(Natural News) Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel. From Tuesday,…
(Natural News) The Libyan National Oil Corporation (NOC) has announced force majeure on crude exports from its oil terminals amid ongoing blockades of production and ports that have seriously crippled Libya’s oil…
(Natural News) The International Energy Agency (IEA) warned that the massive drop in oil exports from Russia will lead to a catastrophic reduction in the global oil supply, which consumers…