- Is the EU ready for life without Russian diesel?
February 03, 2023
The bloc has already shunned Russian seaborne crude oil but giving up on the country's diesel could be much more painful. However, China and India could play a big role in easing some of that disruption.
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- GLOBAL LNG-Asian spot prices ease to over one-year low amid ample inventory levels
February 03, 2023
Prices of Asian spot liquefied natural gas (LNG) eased for a seventh consecutive week, falling to a near one-and-a-half year low, amid ample inventories in North Asia and Europe.
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- Gulf Oil Refiners Struggle to Be Ready as EU Bans Russian Fuels
February 02, 2023
Europe’s looming ban on almost all Russian fuel is sparking a scramble for alternatives, not least from Middle Eastern petrostates.
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- Venezuela Is Scrambling To Make The Most Of The Global Oil Shortage
February 02, 2023
Venezuela is making the most of the global oil shortage, in the wake of the Russian invasion of Ukraine, as the U.S. was forced to make certain concessions on its sanctions on Venezuelan crude to boost its energy security.
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- EU aims to inflict more pain on Russia with second oil price cap
January 27, 2023
The EU and its rich country allies are taking aim again at Russia’s ability to earn money from its vast oil reserves by moving to limit the price of Moscow's refined oil products.
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