Marketview: On the Dark Side

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Barrier Gate Closed Russia Flag Stop sign Sanctions Restriction Imports Exports
Novikov Aleksey/Shutterstock

The fight against shippers pursuing Russian oil trade has proven a tough nut to crack for the EU/G7 bloc. Roughly four months have passed since the ban on Russian products, while six have passed for embargo on crude, but Russian oil continues to slosh around freely.

Oil Trade, Oil Tankers
Wanda Ad #2 (article footer)
Production and exports from Iran and Venezuela are rising amid speculation that the US may be taking a more lax approach to sanctions enforcement.
Thu, Sep 21, 2023
China's August oil demand picked up slightly from a five-month low in July. January-August oil demand rose 13% versus the same period of 2022.
Mon, Sep 25, 2023
China's imports of crude from Russia and Saudi Arabia both posted big month-on-month gains in August.
Thu, Sep 21, 2023