Saturday, January 11

Tag: Tsvetana Paraskova

Europe Tightens The Screws on Russia’s Oil Trade

Europe Tightens The Screws on Russia’s Oil Trade

General
Tsvetana Paraskova Tsvetana is an author for Oilprice.com with over a years of experience composing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova - Dec 18, 2024, 5:00 PM CST European nations are increase sanctions pressure on Russia. The UK and the European Union revealed today a raft of brand-new sanctions that target Russia's shadow fleet of tankers making it possible for oil trade. Russia's oil exports and incomes have actually dropped in current weeks, however this is not due to the sanctions alone. ...
How Saudi Oil Policies Could Cripple Russia’s War Effort

How Saudi Oil Policies Could Cripple Russia’s War Effort

General
Tsvetana Paraskova Tsvetana is an author for Oilprice.com with over a years of experience composing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova - Oct 15, 2024, 7:00 PM CDT The OPEC+ group, led by Saudi Arabia, prepares to start including oil supply to the marketplace as early as December. Low oil costs might be an even larger drag on Russian spending plan incomes than the Western sanctions. If oil costs were to drop materially amidst adequate supply, the profits struck on Russia might be huge. ...