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Articles with tag "Oil"

Oil Supplies to Hungary and Slovakia Halted After Damage to Druzhba Pipeline

There have been no Russian oil deliveries to Hungary and Slovakia in February, Bloomberg reported.

Saudi Firm Signs Preliminary Deal to Buy Lukoil’s Overseas Assets – Reuters

The agreement was signed in late January amid what one source described as a “heated battle with competitors.” 
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Russia Expected to Supply Cuba With Oil as 'Humanitarian Aid'

The Russian Embassy in Cuba said that "as far as we know, Russia is expected to supply oil and petroleum products to Cuba as humanitarian aid in the near...
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Ukrainian Strikes Cost Russian Oil Sector Over $13Bln in 2025, Insurers Say

Bloomberg calculated that Ukraine carried out 120 attacks on Russian energy facilities in 2025.
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Russia’s January Budget Deficit Hits Nearly Half of Annual Target

The budget deficit widened even further as oil and gas revenues fell by 50% to a five-year low.
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Putin Touts Energy Ties With China After Trump Says India May Halt Russian Oil Imports

The talks came two days after Trump announced he would lower tariffs on Indian goods in exchange for New Delhi halting purchases of Russian oil.
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No Word on India Stopping Oil Purchases, Kremlin Says

Trump claimed India agreed to stop purchasing Russian oil and “buy much more from the United States and, potentially, Venezuela.”
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Lukoil Seeks Tax Relief as Oil Discounts Deepen – Izvestia

Russian crude is trading at a discount of nearly 50% to global benchmarks.
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France Seizes Russia-Linked Oil Tanker in Mediterranean Sea

Emmanuel Macron said the ship was suspected of being part of a “shadow fleet” of oil tankers transporting Russian oil.
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Gazprom Neft Provisionally Agrees to Sell Stake in Serbian Oil Firm

The pending sale agreement will now be submitted to the U.S. government for approval, as the company seeks to avoid another sanctions-related shutdown...
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Drone Hits Tanker Scheduled to Load Kazakh Oil at Russian Port

Ukraine has targeted the Caspian Pipeline Consortium (CPC) terminal in southern Russia multiple times throughout the war.
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Moscow Says U.S. Released 2 Russian Crew From Seized Tanker

The two Russian crew members from the seized Marinera tanker were released at Moscow's request, the Foreign Ministry said.
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Russia Accuses U.S. of Stoking 'Military-Political Tension' With Tanker Seizure

In a statement, Moscow said the ship was sailing "in accordance to the norms of international law."
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U.S. Seizes Russia-Linked Oil Tanker Chased to North Atlantic

Washington says the tanker is part of a shadow fleet that carries oil for countries such as Venezuela, Russia and Iran.
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U.S. Seizes Russia-Flagged Oil Tanker: What We Know

The incident marks a rare open confrontation between Washington and Moscow in the second Trump presidency.
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India’s Russian Oil Imports Set to Fall to Lowest Level Since 2022 – Bloomberg

Levels could rise again in January as India’s largest refinery resumes deliveries.
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Russia Faces Growing Oil Glut as Cargos Linger Offshore – Bloomberg

While Russia's seaborne shipments are rising, much of the oil being shipped is not reaching end buyers.
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Russian Oil Producers Feel Increasing Strain as U.S. Sanctions Push Prices to Pandemic Lows

Producers are struggling to cover capital expenditures at several fields at current Urals crude prices, sources at Russian oil companies told Reuters.
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Russian Oil Prices Sink Below $35 Per Barrel

The price of Urals crude shipped from the Black Sea port of Novorossiysk fell to $34.52 per barrel as of Dec. 16, roughly half the level at the start of...
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U.K. Targets Tatneft in Latest Update to Sanctions Against Russia

The latest measures include six oil and gas companies, among them Tatneft, Russneft and NNK-Oil, as well as seven trading firms and four chemical companies...
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