Keywords: Oil exports
Saudi Arabia’s crude shipments to China are expected to climb to their highest level in years in March 2026 after the kingdom cut its official selling prices to Asia for a fourth straight month, prompting stronger demand from Chinese refiners, industry sources told Reuters. State energy giant......
The Venezuelan government has officially denied media reports claiming the country has exported crude oil to Israel, calling the accounts inaccurate and misleading. Venezuelan officials rejected the story that circulated in international news outlets, which said Caracas had sent its first oil cargo to......
Russian oil exporters are increasingly declaring Singapore as the official destination for crude shipments, signaling a shift in trade flows as India scales back purchases following a new trade agreement with the United States, according to maritime data from LSEG and market traders. In January, tankers......
Mexico has suspended its oil deliveries to Cuba to avoid potential US tariffs threatened by the Trump administration, President Claudia Sheinbaum confirmed on Monday, describing the American sanctions as deeply unfair and warning they would further suffocate an island already facing severe economic distress. Speaking......
Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while......
The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge......
Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......
Drones targeted at least two oil tankers managed by Greek companies as they waited to load cargo at the Caspian Pipeline Consortium terminal near the Russian port of Novorossiysk on Tuesday. Maritime industry sources confirmed the strikes, which represent the latest escalation in assaults on critical......
Venezuela has deployed its navy to guard oil tankers leaving its main ports in response to a new U.S. blockade threat targeting ships engaged in its crude exports. The move marks a sharp escalation in the ongoing standoff between Caracas and Washington over sanctions and the country’s oil trade. Navy......
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