Data and trader insights reveal that freight rates for Russian ESPO Blend oil from the Far Eastern port of Kozmino have surged fivefold, according to a Reuters report. This increase is attributed to a ...

MOSCOW, Jan 23 (Reuters) - Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut ...

Freight rates for Russian ESPO Blend oil from Kozmino port have surged fivefold due to US sanctions. The increased freight costs are impacting Russian oil sellers' revenue and profitability.

Fast-growing Oil Brokerage has kicked off 2025 by continuing ... on ExxonMobil and Citgo veteran Joe Oliveri to be head of freight forwarding agreements for the US. OB chief executive James ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.

NEW DELHI: Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to manage costs, three refining sources said, after fresh U.S.

While freight rates have mainly risen for Russian oil, that has a ripple effect on the broader markets. "In our spot tender also we give bidders an option to give quotes for both DAP and FOB cargoes.

JAKARTA : Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ...

Oil-linked shipping costs rallied after last week's announcement of tighter U.S. sanctions to drain Russia's war coffers ... the effect of the bans has spilled into freight derivatives, with ...