Page 12 - Russia Oil Production

Oil prices decline as traders weigh prospect of EU ban on Russian oil

Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil

Ukraine war: French energy giant TotalEnergies to stop buying Russian oil

French energy giant TotalEnergies said it has decided to halt all its purchases of Russian oil and petroleum products by the end of 2022 at the latest.

EU split on Russia oil sanctions over Ukraine invasion, mulls other steps

The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine

Crude price settles up more than 7% as EU mulls Russian oil ban

Oil prices settled up more than 7% on Monday, with global benchmark Brent climbing above $115 a barrel

'India's import of Russia oil less than 1% of total; share from US to rise'

In the financial year 2020-21 (April 2020 to March 2021), India imported 14 million tonnes of crude from the United States, representing 7.3 per cent of total imports

EU must impose sanctions on Russian oil, ministers tell divided bloc

Whether to target Russian oil, as the United States and Britain have done, is a tough and divisive choice for the 27-nation EU, which relies on Russia for 40% of its gas

Oil prices up more than $6 as European Union considers Russian oil ban

Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday

Oil prices jump again as European Union considers Russian oil ban

Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday

Global stocks ease as Ukraine fighting rages on, oil prices climb

Most share markets rallied last week in anticipation of an eventual peace deal on Ukraine, but it could take actual progress to justify further gains

Not just oil and gas: 32 nations rely on Russia for nuclear power

The Biden administration reportedly is considering nuclear sanctions on Russia

Cutting oil demand likely to hurt Russia but could ease supply crisis

The IEA is also extremely worried about an impending oil supply crisis

India's oil imports from US to rise, amid criticism for Russian purchases

India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers

US recognises 'reasoning' behind India buying Russian oil: Spokesperson

The US may show understanding of India's plans to buy discounted oil for economic reasons from Russia, US President Joe Biden's spokesperson Jen Psaki has indicated.

India believes legitimate energy deals must not be politicised: Report

Countries with oil self-sufficiency or those importing themselves from Russia cannot credibly advocate restrictive trading, say sources

Oil prices surge 8% amid warnings of Russian supply shortages

Oil prices climbed 8% on Thursday, extending a series of wild daily swings, as the market rebounded from several days of losses with a renewed focus on supply shortages

Top Headlines: Fed signals more hikes; India may import cheap Russian oil

The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive levels next year

UK wants every country to 'move away' from Russian oil: PM's spokesperson

The UK wants every country to move away from using Russian oil and gas because it directly funds President Vladimir Putin's war machine, British Prime Minister Boris Johnson's spokesperson said

India may import 15 million barrels of cheap Russian oil

Doesn't violate sanctions but on wrong side of history: US

IEA says 3 million bpd of Russian oil, products could be shut in next month

By Noah Browning

UK PM Boris Johnson calls on world to wean off Russian oil, gas

UK PM Boris Johnson declared a mission to build an international coalition against Russia and wean off dependence on its oil and gas exports in protest against the conflict with Ukraine