Russian Oil

Fuel Exports The Russian government has instructed fuel producers to prepare for the removal of all remaining restrictions on diesel and gasoline exports, sources revealed on Thursday. Russia, a leading …

Pakistan has achieved a significant milestone in meeting its energy requirements by officially entering into a long-term agreement to purchase oil from Russia. The sources further indicated that this agreement …

First-ever consignment of Russian oil reaching Pakistan next week: Musadik Malik ISLAMABAD: The first-ever consignment of Russian oil is reaching Pakistan next week. Minister of State for Petroleum Musadik Malik …

Pakistan will pay for the Russian oil with Chinese Yuan, and the test cargo, which carries 750,000 barrels of crude, is expected to dock in June. Additionally, a senior official …

Prime Minister Shehbaz Sharif announced that Pakistan is ready to receive a shipment of discounted Russian oil, stating that the oil is currently being loaded to arrive in the country. …

The G7 countries oil price cap of $60 per barrel for Russian oil trade through sea with effect from Dec 5, 2022, proved an exercise in futility as international crude …

Ankara: Oil tankers formed a traffic jam off the coast of Turkey on Monday, a day when West’s price cap on Russian crude goes into effect, A $60 per barrel price …

“The G7 and EU took a decision that will hit Russia’s revenues and may reduce its capability to intensify war against Ukraine,” EU Commission President Ursula von der Leyen said.

Europe still remains the largest buyer of Russian diesel as half of EU and UK seaborne diesel imports are originating from Russia. Europe and the United Kingdom imported an average …

While on an official visit to the US, Pakistan’s Finance Minister Ishaq Dar stated on Monday that Pakistan was prepared to purchase fuel from Russia at the same price that …