Russia has begun commercial oil exports from Rosneft's Vostok Oil, its vast Arctic development that Moscow is counting on to lift crude production following years of delays and sanctions.The launch comes as Russia looks for new sources of production growth after the US shale boom helped propel the US past Russia to become the world's largest crude producer.State-controlled Rosneft started loading crude…
Russian forces carried out a series of strikes across Ukraine overnight and later on Thursday, targeting facilities and vessels that Moscow said were linked to the Ukrainian military.Russia's Defence Ministry said the overnight strikes targeted…
Fewer countries are buying Russian wheat after attacks by Russia and Ukraine in the Black Sea have kept a key export route closed since July, data from the Russian Grain Union lobby group showed on Wednesday.The data showed that only eight countries bought wheat from Russia…
Russian wheat export prices fell last week in line with global markets, and analysts are revising their estimates for shipments from Russia in September upwards, although they remain at multi-year lows.According to consultancy IKAR, export prices for wheat with a 12…
Russian companies have been re-purposing fertilizer, coal, and other cargo terminals at Russia's Baltic and Arctic ports - including Ust-Luga and Murmansk - to handle grain exports after Ukrainian drone attacks disrupted shipments through the Black Sea…
Russia's seaborne oil product exports rose 16.4% month-on-month in August to 4.57 million metric tons, as some domestic refineries completed unplanned maintenance, according to industry sources and Reuters calculations.Fuel exports, mainly naphtha and fuel oil…
Iran is gradually re-routing its imports of Russian wheat to the Caspian Sea as shipments via the Black Sea stall due to Ukrainian drone attacks and because the Strait of Hormuz is closed, analysts said on Thursday.Iran is one of the biggest buyers of Russian wheat…
Freight rates for Russian oil shipments from Novorossiysk to India remain high despite a sharp correction in the Mediterranean tanker market, as many shipowners continue to avoid the Russian Black Sea port because of security risks, shipping and trading sources said…
Russia has shipped more than 10 million barrels of crude oil via the Northern Sea Route so far this year, boosting supplies to China as buyers seek alternative sources amid disruptions to Iranian exports and concerns over Middle East shipping routes…
Russia hammered Ukrainian ports, industrial sites and retailers' distribution facilities with missiles and drones in an hours-long attack on Kyiv and other cities that was partly repelled, Ukrainian officials said on Thursday.Commuters went…
The Russian Defence Ministry said on Tuesday that its forces had struck three cargo vessels carrying supplies for the Ukrainian military and a tanker at the Black Sea port of Pivdennyi.The ministry also said it had hit another cargo vessel in the nearby port of Odesa…
Freight rates for tanker shipments of Russia's flagship Urals crude from western ports to India, the grade's main market, have surged in August as strong demand for vessels and mounting security risks linked to carrying Russian oil drove up costs…
Russian wheat export prices fell last week, but some analysts said they regarded the prices as largely symbolic as shipments from southern ports have been virtually halted due to the escalating conflict with Ukraine. Export prices in the…
Russian Urals crude delivered to India has flipped to a premium against the dated Brent benchmark for the first time since May as stronger Asian demand coincides with tighter export availability, three trading sources said.Cargoes of Urals crude…
At least one cargo of gasoline from India has entered Russia's domestic market as Moscow seeks to ease fuel shortages caused by Ukrainian drone attacks on refineries, three industry sources told Reuters and LSEG shipping data showed.Russia has…