Edition:
United Kingdom

Olga Yagova

Russia sells crude at record premiums to Asia after freight rates surge

18 Oct 2019

SINGAPORE/MOSCOW Russia, the world's No. 2 oil producer, has become an unintended beneficiary of U.S. sanctions after an embargo on Chinese ships drove up tanker freight rates, spurring record premiums for Russian crude that takes just days to arrive in North Asia.

UPDATE 1-Russia sells crude at record premiums to Asia after freight rates surge

18 Oct 2019

* Strong Asia demand for key Russian grades drives up premiums

IMO 2020 regulations challenge Russian Urals crude

11 Oct 2019

MOSCOW Urals differentials have fallen to the widest discounts against dated Brent crude in a year as refiners start switching to low-sulphur grades in the face of coming IMO 2020 regulations.

UPDATE 1-Russia's Rosneft seeks euros for all new export deals -documents

03 Oct 2019

MOSCOW, Oct 3 Russia's Rosneft has set the euro as the default currency for all its new export contracts including for crude oil, oil products, petrochemicals and liquefied petroleum gas, tender documents showed.

Kazakh CPC oil exports to Asia spike in Sept as China tariffs hit U.S. oil

11 Sep 2019

MOSCOW/SINGAPORE Kazakh CPC Blend crude oil supplies to Asia are set to reach an all-time high in September as China increases the grade's purchases to replace U.S. crude it slapped with tariffs this month, according to trading sources and loading data.

Kazakh CPC oil exports to Asia spike in Sept as China tariffs hit U.S. oil

11 Sep 2019

MOSCOW/SINGAPORE, Sept 11 Kazakh CPC Blend crude oil supplies to Asia are set to reach an all-time high in September as China increases the grade's purchases to replace U.S. crude it slapped with tariffs this month, according to trading sources and loading data.

RPT-Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

23 Aug 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Exclusive: Russia's Rosneft to switch to euros in oil products tenders - traders

21 Aug 2019

MOSCOW Russia's Rosneft , one of the world's top oil producers and exporters, has notified customers that future tender contracts for oil products will be denominated in euros not dollars, five trading sources told Reuters.

World News