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Crude Oil
Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies
Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…
Oil Price
Russia’s SWIFT Ban Could Send Shockwaves Through Oil and Commodity Markets
Russia’s decision to invade Ukraine was originally met with a relatively tepid response from world leaders, but now sanctions are intensifying key Russian bank…
Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
LNG
Japan's JERA Does Not Currently See SWIFT Ban Impacting Sakhalin 2 LNG Imports
Japan's largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from t…
Crude Oil
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Natural Gas
Metro Vancouver Gas Prices Set Another Record
Gas prices hit another record high in Metro Vancouver on Saturday, a development analysts have attributed to the sanctions placed on Russia in retaliation for i…
LNG
U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG
U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…
Nord Stream 2
Germany's E.ON Rejects Halting Nord Stream 1 Pipeline
E.ON, Europe's largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invadin…
Oil Price
Oil Surges on Russia Nuclear Alert as Sanctions Intensify
Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …
Nord Stream 2
US Sanctions Company Behind €9.5bn Nord Stream 2 Pipeline
The sanction, which is in response to Russia’s actions in Ukraine, targets Nord Stream 2 AG and its CEO.
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Nord Stream 2
Biden Unveils Sanctions on Russian Businesses After 'Premeditated' Ukraine Attack
President Joe Biden hit Russia with a wave of sanctions on Thursday after Moscow invaded Ukraine, measures that impede Russia's ability to do business in major …
Natural Gas
The US and Germany Have Now Both Targeted Nord Stream 2 to Punish Russia. Here's Why the Pipeline Is So Important
In the wake of Germany suspending the Nord Stream 2 project, the United States has now imposed sanctions on the company in charge of the natural gas pipeline.
Natural Gas
Russia Sanctions Could Cause Sudden Spike in Gas Prices
Experts say gas prices could spike by as much as $1 by next week. If the conflict overseas drags out, prices could spike to $5 per gallon.
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