Oil prices surged in early trading following the commencement of US and Israeli military operations against Iran. On the ICE exchange in London, Brent crude oil...
The United States (US) new sanctions against Russia’s energy giants Rosneft and Lukoil have directly impacted the prices of the country’s Far East ESPO crude oil....
According to Bloomberg, citing sources familiar with the matter, Russia has significantly increased the discount on the oil it sells to India. The report states that Moscow...
A sudden spike in oil prices, triggered by the conflict between Israel and Iran, has prompted European Union (EU) leaders to reconsider their plans to lower...
According to Citigroup, the closure of the Strait of Hormuz could cause Brent crude oil prices to soar to as high as $90 per barrel. However,...
Russian oil falling below the $60 per barrel price cap and the absence of new restrictive measures from the US have somewhat eased concerns among major...