Oil Economist Verleger Says Biden's Russia Sanctions Will Raise Oil Prices -- OPIS
Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and gasoline prices, petroleum economist Philip Verleger said in an online commentary earlier this week.
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...
Russia’s Foreign Ministry said that the U.S. move “represents an attempt to inflict damage on the Russian economy at any cost ...
The measures constituted the broadest U.S. package of sanctions so far targeting Russia’s oil and gas revenues, part of measures to give Kyiv and the incoming administration of Donald Trump ...
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive ...
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...
Russia Faces Higher Costs on Sea-Borne Oil Exports Due to New US Sanctions By Vladimir Soldatkin MOSCOW (Reuters) - Sweeping U.S. sanctions on Russia's oil industry will make it more ...
Russian President Vladimir Putin on Friday praised Donald Trump as "pragmatic" and "smart", saying he did not believe the US president would force global oil prices lower in a bid to damage Moscow.
Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...
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