Russia's seaborne fuel oil and vacuum gasoil exports rose 8.5% in April from the previous month to around 4.0 million metric ...

Ships hauling Russian crude are resorting to an increasing array of tactics to hide their activities while taking on cargoes.

Saudi Arabia more than doubled Russian fuel oil imports in April to 0.7 million tons ahead of summer demand on power ...

BAKU, Azerbaijan, May 20.​ The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta on ...

The CIF price of Azerbaijan’s “Azeri Light” crude oil at Italy’s Augusta port increased by 0.48 USD, or 0.71%, compared to ...

The European Union will propose this week to finance ministers from the group of highly industrialized countries (G7) to ...

Russia’s oil revenues face growing pressure as global prices fall and sanctions force sales below market value. Finnish ...

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil ...

BAKU, Azerbaijan, May 17.​ The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta on ...

As the full-scale war in Ukraine rages on for its fourth year, and Moscow’s defense and security spending continues at levels ...

In a bid to punish the European merchants they disliked, the Ottomans imposed fees and sanctions on traders using the famed Silk Road. The Portuguese duly responded by developing sea routes to Asia.

Russia's oil export revenues fell to their lowest level in nearly two years in April due to plunging oil prices, leading to budget shortfalls and a steep revision of revenue forecasts.