Russian oil

Russia and the EU seek to resume oil supply

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Ukraine has recently banned the transportation of Russian oil to the EU through its territory.

Opening up supply to Germany via the world's largest oil pipeline

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Kazakhstan's oil transit to Germany has been secured following an agreement between pipeline operators in Poland and Russia.

Russian oil is stored by a Chinese company at a new facility

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China's National Offshore Oil and Gas Company (CNOOC) - one of the top Russian oil importers in China - has pumped ESPO oil sourced from Russia's Far East to a new storage facility.

Decoding the biggest risk of a customer buying Russian oil

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India, the largest buyer of Russian oil, is shifting to buying US oil.

Russia's move could disrupt world oil prices

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Oil prices increased immediately after Russia asked companies to cut oil production to meet OPEC+ targets.

Russia earns a lot of money from selling crude oil to India

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Russia has unprecedented cash in the treasury thanks to record crude oil sales of $37 billion to India last year.

EU circumventes the law, goes behind to buy Russian oil

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The EU does not buy Russian oil directly but through a "back door", in the context that the bloc is expected to face high energy prices in the coming winter.

Russia's move causes the US to run out of oil

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The US continues to export strategic oil reserves to compensate for cutting Russia's oil production, despite depleted reserves.

India's surprisingly important role in the global oil market

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India is playing an increasingly important role in the global oil market by buying Russian oil for refining and then selling to Europe and the US.

Russia's policy to limit damage from oil exports

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Russia is considering taxing oil companies based on Brent oil prices instead of Urals to limit negative impacts on budget revenue.

Germany, Poland shape plans to shift away from Russian oil

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Germany and Poland have pledged to stop buying Russian oil by the end of this year. The plan of the two countries to implement in this direction is starting.

Germany is confident that it does not need Russian oil for Rosneft's old factory

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The German government is confident that an important refinery could continue operations even if it begins a ban on Russian oil in the coming days.

Only one country benefits from sanctions against Russia

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According to the Russian Finance Minister, only one country benefits from Russian sanctions when it takes advantage of the sanctions to sell LNG to Europe at bargaining prices.

Barriers to prevent Germany from importing oil from Kazakhstan

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Germany has just a few days left to stop importing oil via pipeline from Russia, creating pressure to find an alternative.