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Russia sees May oil revenue jump 50% as sanctions lose their impact
Offshore Technology via Yahoo Finance· 4 days agoThe Russian energy company, led by Igor Sechin, reported a 45.5% increase in net profit and a 25.1%...
Russia Oil Revenue Rose 50% in May as Nation Adapts to Sanctions
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Russia’s oil proceeds to the state budget increased almost 50% in May from a year...
Sanctioned Oil Tankers Pose Rising Environmental Risk in Mediterranean, Greece Says
Insurance Journal· 5 days agoUnregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean...
Ukraine hits Russian oil facilities as President Zelenskyy joins leaders at D-Day events in France
WCMH Columbus· 4 days agoUkrainian drones struck an oil refinery and a fuel depot in Russian border regions, officials in the...
Russia's economy is growing, but can it last?
BBC via Yahoo Finance· 4 days agoThe result of that is that Moscow is still making money. “In a way, we refused to properly sanction Russian oil,” Elina Ribakova concludes. “This price...
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic'...
Business Insider via Yahoo Finance· 1 day agoRussia has been shifting away from the dollar since 2022, after it began its invasion of Ukraine and...
US buys 3 million barrels of oil for Strategic Petroleum Reserve
Reuters· 6 days agoThe U.S. is buying another 3 million barrels of oil for the country's Strategic Petroleum Reserve,...
Oil holds ground on OPEC+ reassurances but set for third weekly loss By Reuters
Investing.com· 3 days agoSingapore (Reuters) -Oil prices ticked higher on Friday, as reassurance from OPEC+ members Saudi...
Venezuela's May oil exports rise 30% during US wind-down period
Reuters· 7 days agoVenezuela's oil exports recovered in May from a low figure the previous month as state oil company PDVSA's customers rushed to take cargoes ahead of the ...
New Russian Oil Price Cap Provisions in Loan Agreements | JD Supra
JD Supra· 7 days agoBorrowers covenant to comply, and assure that charterers and sub-charterers comply, with the Russian Oil Restrictions through specific enumerated actions, including providing ...