Asian governments are moving quickly to secure Russian oil supplies after the US temporarily lifted sanctions, opening a window for the purchase of previously restricted cargoes....
The Chinese government has instructed the nation’s leading oil refineries to suspend exports of diesel and gasoline as the escalating conflict in the Gulf threatens to...
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 industry sources cited by Reuters, China’s four major state energy companies have temporarily halted oil purchases from Russia following the US decision to impose sanctions....
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...