EU Not Ready To Agree Russia Oil Ban, Leaders Say

“We’re not there yet,” European Commission President Ursula von der Leyen said. Estonian Prime Minister Kaja…

India’s Imports Of Cheap Russian Crude Surge Since Ukraine Invasion

The volumes of India’s seaborne oil imports from Russia exclude CPC Blend oil, which is also…

EU Fails To Agree On Russia Oil Embargo, To Try Again Monday Before Summit

The proposed sanctions on oil imports is part of the European Union’s sixth sanctions package on…

Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban

OPEC+ meets on June 2 and is expected to stick to last year’s deal to raise…

Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions

The EU is due to meet on Monday and Tuesday to discuss a sixth package of…

Oil Settles Up Ahead Of U.S. Driving Season, EU Embargo Decision

Prices drew support from strong worldwide demand for fuel, with both gasoline and heating oil futures…

Oil Tumbles About 6% As China COVID Lockdowns Weigh

Crude imports by China in the first four months of 2022 fell 4.8% from a year…

France Sanguine Differences Over EU Ban On Russian Oil Will Be Resolved

France’s new foreign minister said she was optimistic that those still opposed to a new European…

Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled Out

Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a…

Hungary Says Its Backing Of EU’s Russia Oil Ban Hinges On Hundreds Of Millions Of Dollars

Hungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal…