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January 7, 2026
The Wall Street Journal, citing an official from the United States, reported that Russia had deployed a sub and other naval vessels in order to escort a?aging oil tanker which was trying to evade a U.S. blockade near Venezuela. The tanker, previously known as Bella 1…
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January 7, 2026
These are the most popular stories from the business pages of the New York Times. ? These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Donald Trump, the U.S. president, said Venezuela would start sending oil to the U.S.
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January 2, 2026
The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.
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January 1, 2026
The?U.S. has been asked by Russia to stop its pursuit of a?oil tanker 'that was destined for Venezuela and is now fleeing the U.S. Coast Guard in the Atlantic Ocean, according to a report from Thursday’s New York Times. The New York Times reported on Thursday that the U.S.
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December 25, 2025
The Russian Foreign Ministry said that the United States is reviving piratery and banditry by blocking Venezuela. It hoped President Donald Trump’s pragmatic approach would prevent a catastrophe. Maria Zakharova, spokeswoman for the Foreign Ministry…
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December 21, 2025
Regional authorities in Russia's Krasnodar Region said that a Ukrainian drone attack damaged two vessels and two piers, as well as causing a fire, on the Black Sea Coast. The Krasnodar operational headquarters announced on the Telegram app that…
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December 17, 2025
Bloomberg News reported Wednesday that the United States is preparing to impose more sanctions on Russia's energy sector in the event President Vladimir Putin rejects a peace agreement with Ukraine. The report stated that the U.S. was 'considering' options…
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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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December 5, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…
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December 3, 2025
According to shipping documents and data, Venezuelan oil exports increased slightly in November to 921,000 barrels a day (bpd), the third highest monthly average this year. The country used more diluting agents to produce exportable grades.
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December 2, 2025
In response to drone strikes on Russian "shadow fleets" of tankers in the Black Sea, Russian President Vladimir Putin on Tuesday threatened to cut off Ukraine's sea access. In a televised statement, Putin stated that the most radical solution would be to cut Ukraine from the sea.
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November 27, 2025
The European Union, Britain, and the U.S. imposed a number of sanctions on Russia for its involvement in the war in Ukraine. The U.S. targeted Russia’s two largest oil producers in October: Rosneft, and Lukoil. Here is a list of the most important…
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday…
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November 23, 2025
The Turkish president Tayyip Erdoan said that he will have a telephone call with his Russian counterpart Vladimir Putin to discuss the peace efforts in Ukraine. He added that he will also ask him for a restart of a deal to ensure the safe passage grain via the Black Sea.
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November 13, 2025
In a Thursday statement, the United States Coast Guard reported that it detected a Russian naval ship approximately 15 miles south of Oahu (24 km), near U.S. territory waters. The Coast Guard reported that a Coast Guard aircraft and cutter responded…
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday.
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November 11, 2025
In its latest effort to aid Ukraine in its fight against Russia, Britain will ban companies that provide services like shipping and insurance to Russian exports of liquefied gas. The European Union approved sanctions in October that will ban Russian LNG imports starting January 1, 2027.
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November 11, 2025
Two traders who are familiar with the matter confirmed on Tuesday that Yanchang Petroleum, a refiner backed by the Chinese provincial government and delivering crude oil between December to mid-February is not using Russian oil. Yanchang in Shaanxi province…
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November 3, 2025
According to preliminary data from Kpler, OilX and Kpler, India's crude imports from Russia should have increased slightly from the previous month, despite pressure from Washington. Kpler data shows that India's Russian crude oil imports increased to 1.48 million barrels a day (bpd)…
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October 13, 2025
According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.