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The Latest Breaking News from Kpler

‘Phantom fleet’ suspected of transporting Russian liquefied natural gas from the Arctic

Satellite images from August show two liquefied natural gas (LNG) tankers docked at the port of Arctic LNG 2, a Russian LNG production mega-project sanctioned by the United States. Because they transmit false GPS coordinates and have links with opaque companies supposedly based in Dubai, these ships could be part…

France 24

French imports of Russian LNG surge, but Ukraine supporters seek a stop

Shipments of Russian liquified natural gas (LNG) to France more than doubled the first half of this year, fresh analyses of trade data shows. It comes as Europe seeks to pull back from energy purchases that help finance the Kremlin's invasion of Ukraine.

Radio France Internationale

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

New analyses of trade data show that shipments of Russian liquified natural gas to France more than doubled the first half of this year

The Independent UK

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Oil Prices Holds Above $85 As Israel Braces For Iran Response Lifting Energy Stocks Near Buy Points

Oil prices are hovering around five-month highs with energy stocks trading right around buy points.

Investors Business Daily

Oil supply tightens in Europe over Red Sea disruptions

The volume going to Europe from the Middle East has nearly halved amid continuing attacks by Yemen’s Houthi rebels.

Al Jazeera

Europe buying Russian oil via India at record rates in 2023 despite Ukraine war

India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined

The Independent UK

Rising Prices Cap India's Thirst For Russian Oil

Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show.

International Business Times

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The War In The Middle East Put Pressure On The U.S. To Take Iranian Oil Off The Market. But With An Election Year Upcoming, It's Not Happening.

Oil prices surged at the beginning of the Israel-Hamas war amid escalation concerns. However, prices have retreated along with supply disruption worries.

Investors Business Daily

Russian oil supplies continue to spike despite G7 price cap sanctions, data shows

Russia’s oil revenues likely to increase due to constant increases in crude prices, show estimates

The Independent UK

Black Sea grain deal uncertainties stall Ukraine shipments

Dozens of ships are unable to reach Ukraine, days after a Black Sea grain deal was extended and the pace of shipments is unlikely to pick up because of slow inspections and other uncertainties, according to data and three sources.

Reuters

EU to curb Indian fuel imports made with Russian oil: Report

The EU’s foreign policy chief has called for a crackdown of Russian oil into Europe as refined fuel, including diesel.

Al Jazeera

Russian oil exports back above pre-Ukraine war levels as India and China buy 90% of Moscow’s crude

Asian giants are buying 1.5 million barrels a day from Russia – each

The Independent UK

Aging shadow fleet carrying Russian oil poses disaster risk

The oil tanker Turba normally should have been melted down by now.

Tribune News Service

India to make Russia its number one oil supplier in move that could scupper impact of price cap

Exclusive: Analysts tell The Independent that India is now expected to overtake EU as largest importer of Russian crude following European ban

The Independent UK

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Investors Business Daily

Oil Markets In Flux As Embargo Deepens; China, India Demand Russian Discounts

Oil markets swung into a massive redrawing of trade routes Monday as EU's embargo of Russian oil took full effect.

Investors Business Daily

Oil Prices Rebound Ahead Of Massive Supply Chain Shift

OPEC+ meets on Sunday. U.S. oil prices and oil-related stocks edged lower Friday.

The Independent UK

Sky-high diesel prices squeeze truckers, farmers, consumers

High diesel prices are driving up the cost of everything, from groceries to Amazon orders and furniture

Investors Business Daily

OPEC+ Sticks To Script, While Crude Oil Prices Fall In June

Oil-producing nations met as world leaders focus on how to drum up supply amid inflation and recession fears.

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The Independent UK

India, China growing markets for shunned Russian oil

India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow as the U.S. and other Western countries cut their energy imports from Russia in line with sanctions over its war on Ukraine

The Hindu

India is not a conduit for Russian oil sales: Jaishankar

He denies international reports that accuse Indian refiners of profiteering

Investors Business Daily

Oil Stocks: Crude Jumps Back Above $120 As Drilling Activity Flattens

Oil rig numbers have climbed, but producers remain reluctant to deliver more oil, focusing instead on oil stock investors.

Asharq Al-Awsat

More Russian Oil Going East Squeezes Iranian Crude Sales to China

Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favored heavily discounted Russian barrels, leaving almost 40 million barrels of Iranian oil stored on tankers at sea in Asia and seeking buyers. US and European sanctions imposed over Moscow's invasion of Ukraine…

The Guardian - US

Why are gas prices so high? These obscure traders are partly to blame

‘Nobody with power is looking at what they’re doing,’ but they’re helping to drive searing gas prices despite increased oil production

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