Oil prices pop to 5-week highs
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Reuters |
Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more tariffs on Russia and to possibly a...
BBC |
"Ironically, if he puts taxes on, it is going to make our product less competitive," he adds.
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Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran, though worries about the impact of a trade war on global growth capped gains.
Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.
Top Western commodity traders like Vitol, Trafigura, Gunvor, and Mercuria say they’re ready to resume Russian oil trading.
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below a price cap of $60 per barrel,
(Bloomberg) — Advisers to President Donald Trump are sketching out potential Russia sanctions he could lift or tweak — including the oil price cap — if there’s progress in talks with Moscow on ending its war in Ukraine, according to people familiar ...
Then Bloomberg reported that U.S. officials were weighing easing the price cap on Russian oil if there is progress in talks over the war in Ukraine. Other news, including delays in seeking a ...
Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil – Recently published data point to the opposite
India's imports of Russian crude oil rebounded sharply in March, driven by lower prices that made it more attractive for refiners, Financial Express
The key reason for the ample availability of Russian oil for exports is the slump in Moscow’s domestic oil demand