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Sanctions
EV Market
Secondhand Tesla Prices are Shooting up as Petrol Prices and New Car Wait Times Blow out
With the price of petrol set to soar due to looming gas and oil shortages caused by Russia’s invasion of Ukraine and subsequent sanctions, observers are noting…
LNG
Germany to Build Its Own LNG Terminal
European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …
Crude Oil
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Ukraine Crisis Has Rewired Thinking on Future of Energy for Europe
Effects of sanctions, informal bans, war disruption and Russian counter-measures risks supplies of fossil fuels, fertilisers, food, aluminium, metals used in ba…
Natural Gas
How Europe Can Reduce Its Dependence on Russian Natural Gas
Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o…
Oil & Gas Trade
US Officials Reportedly Visit Venezuela to Discuss Easing Oil Sanctions
Highest-level talks in years yield little progress as politicians look to further isolate Russia
Oil Price
U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…
Natural Gas
No Challenge in Selling from Russian Oilfields, Says ONGC
Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Natural Gas
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
Crude Oil
Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low
Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes …
Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Crude Oil
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…
Natural Gas
Italy Considers Increasing Natural Gas Supply from Algeria
The latest move by Italy comes as Western sanctions on Russia threaten to disrupt the gas flow.
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