Russian oil
Russia plans to ban oil reselling at Western ceilings
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Russian oil exporters will have to ensure that customers do not use the Western oil price ceiling mechanism for reselling.
China aggressively imports oil from Russia
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China's oil imports from Russia increased by 22% in the first 9 months of 2022 compared to a year earlier, but behind leading supplier Saudi Arabia.
Revealing the fate of the USD in Russia
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Russian Central Bank Governor Elvira Nabiullina on July 22 mentioned the fate of the US dollar in Russia.
Russia discovers a giant oil field in the Arctic
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Russia discovers a giant oil field in the Arctic. According to Rosneft, this is one of Russia's biggest recent discoveries.
France proposes a replacement for Russian crude oil
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The French government wants to replace Russian crude by allowing sanctioned crude from Iran and Venezuela to return to the global market, many news agencies on June 27 quoted a statement from President Emmanuel Macron's office.
Russia breaks through but cannot yet dominate the Indian oil market
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Russia rose to become India's second largest oil supplier in May, pushing Saudi Arabia to third place but still behind Iraq, the country still holds the top position.
World's leading oil producer reduces sales to China
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Saudi Arabia cuts oil supplies to China as Beijing increases and reduces oil imports from Russia.
Russia increases oil production and exports amid sanctions
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Russia increased oil production by 5% last month after a sharp decline in April, Vedomosti quoted a source in the oil industry as saying on June 3.