Average rouble price of Russia's oil drops 24% below budget target in March
The price of Russia's oil blend in roubles so far in March is on average around 24% below the level targeted in the federal ...
US rejects Canadian proposal to curb Russia's 'shadow fleet' of oil tankers - report
The proposal to create a task force that would monitor Russia's violations of sanctions, released ahead of a planned meeting ...
US mulls how to ease Russia energy sanctions quickly if war ends, sources say
The U.S. government is studying ways it could ease sanctions on Russia's energy sector as part of a broad plan to enable Washington to deliver swift relief if Moscow agrees to end the Ukraine war, ...
Russian tanker group Sovcomflot expects more pressure from Western sanctions after profit slump
Russia's leading tanker group Sovcomflot on Friday blamed Western sanctions for a profit slump in 2024 and warned that new ...
Russian tanker group Sovcomflot says 2024 net profit down by 55%
Russia's leading tanker group Sovcomflot said on Friday that its net profit had dropped by 55% to $424 million in 2024. Sovcomflot's earnings before interest, tax, depreciation and amortisation fell ...