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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 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...
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...
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 ...