MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1877 Fri; -1.39% Y/Y

MNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks

MNI BRIEF: China Sees Progress On EU EV Deal

MNI: PBOC Net Drains CNY279.8 Bln via OMO Thursday

MNI JAPAN NOV TOKYO CORE CPI +2.2% Y/Y; OCT +1.8%

MNI: GERMANY NOVEMBER FLASH HICP -0.7% M/M (FCST: -0.5%)

MNI: GERMANY NOV CPI +2.2% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Bulgaria Reducing Russian Oil Share October

OIL

{bp}{ru} – Bulgaria is set to increase imports of crude from outside Russia in October as it looks to diversify supply. The country is the only one in the EU to receive an exemption to be allowed to continue importing seaborne Russian oil after last years December ban.

  • It is planning to fully move away from Russian volumes by October 2024 and reduce them to 80% of imports by the end of this year.
  • Bulgaria has relied almost solely on Russian barrels for most of this year – 92% Jan-Sep according to Refinitiv data.
  • In October Bulgaria will import almost 200,000 tonnes of non-Russian oil – the most so far this year.
  • Bulgaria is targeting Norway's Johan Sverdrup crude and Egypt's Western Desert grades.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.