Russia dodges G7 price cap sanctions on most of its oil exports

Oil prices settle nearly flat as Russia eases fuel export ban

NEW YORK  –Oil prices settled nearly flat in choppy trade on Monday as Russia relaxed its fuel ban and investors eyed elevated interest rates that could curb demand. Brent crude futures settled 2 cents higher at $93.29 a barrel. U.S. West Texas Intermediate crude settled 35 cents lower at $89.68. Crude prices fell last week after a hawkish Federal Reserve rattled global financial markets and raised concerns

Russia Lifts Ban On Low-Quality Diesel Exports

Russia Lifts Ban On Low-Quality Diesel Exports By Tsvetana Paraskova of Oilprice.com, On Monday, Russia tweaked its export limitations on fuels, lifting the temporary ban on exports of low-quality diesel and marine fuel. At the end of last week, Russia surprised the markets by announcing a temporary ban on exports of gasoline and diesel to stabilize fuel prices on the domestic market, ending weeks of speculation that authorities would limit exp…

Oil prices settle near flat in choppy trade; Russia eases fuel export ban

By Stephanie Kelly and Nicole Jao NEW YORK (Reuters) -Oil prices settled nearly flat in choppy trade on Monday as Russia relaxed its fuel ban and investors eyed elevated interest rates that could curb

Russia appears to have found a way to circumvent $60 barrel price cap sanction on crude oil exports

Shipping and insurance records examined by the Financial Times suggest almost three-quarters of Russia's seaborne crude can be sold at full price just when a barrel is nearing $100.

Russian oil supplies continue to spike despite G7 price cap sanctions, data shows

Russia’s oil revenues likely to increase due to constant increases in crude prices, show estimates