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

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: PBOC Sets Yuan Parity Lower At 7.1894 Thurs; -1.38% Y/Y

MNI BRIEF: Bank of Korea Cuts Policy Rate to 3.00%: Press

MNI: GERMANY NOV CPI +2.2% Y/Y

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

MNI: GERMANY NRW NOV CPI -0.3% M/M, +1.9% 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

Russia Oil Tankers Disrupted on US Sanctions Ramp-Up

OIL

There are growing signs that Russia’s oil flows may be facing disruption following a ramp-up in US sanctions, according to Bloomberg.

  • A total of 14 tankers moving Russian crude to India in the past month have either dithered, turned around, or switched off tracking equipment.
  • The 14 tankers have 11m bbl between them.
  • The signs of possible disruption follow the US treasury’s imposition of further sanctions on Russian oil and on state shipping company Sovcomflot. This was to combat Russia’s use of the ‘dark fleet’ to move its oil.
  • Many Sovcomflot tankers are still heading to India without interruption, including nine loaded with Urals, Bloomberg added.
  • India’s imports of Russian oil have fallen recently, which the Indian government said was due to higher prices and not payment logistics.
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.