Oil
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Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem” next year, a top analyst has…
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Future energy cooperation will be based on market prices, according to CEO Igor Sechin © AFP / Arun SANKAR / AFP…
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The measure is entering force along with a Western price cap on Moscow’s refined petroleum products © Getty Images / Dimitri…
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The restrictions against Russia will lead to shortages, a Saudi minister warns © Getty Images / Nor Safariny Ahmad / EyeEm…
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Local refiners are reportedly using UAE dirhams to pay for most of the Russian oil bought from Dubai-based traders © AFP…
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New refineries in the Middle East are reportedly facing delays © Getty Images / Blom / Contributor With a looming ban…
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Limits on refined oil products will go into effect on February 5 FILE PHOTO © AP / Martin Meissner The…
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The restrictions were invented by bureaucrats who do not understand how markets work, industry experts tell CNBC © Getty Images /…
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The restrictions could force Moscow to cut crude production, according to experts cited by Reuters © Getty Images / Sergei Dubrovskii…
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Ankara already requires similar guarantees for vessels transferring crude from the sanctioned country An aerial view of the European shore…