Freight rates for oil shipments from Russia's western ports to India remained at record highs in late October, reflecting risks in the Black Sea and a shortage of vessels amid disruptions and strong global demand, three trading and shipping sources said.High freight rates are driving up costs for Russian oil exporters, as Western sanctions force Russia to ship most of its crude from its western ports to Asia…
Russia will extend its diesel export ban until the end of the year while allowing some companies to ship fuel under a quota system to meet its new export commitment to the US, two people familiar with the discussions told Reuters.Moscow and…
Russia, the world's largest wheat exporter, has turned to an Arctic World War II shipping route to export grain for the first time as the conflict in Ukraine stalls Black Sea trade and officials warn of risks in the NATO-controlled Baltic Sea…
Russian authorities have issued permits for vessels carrying grain for export to leave the Sea of Azov for the first time since July 10, when they closed maritime traffic in the area due to Ukrainian drone attacks, seven industry sources told Reuters…
Latvia, a member of the European Union and NATO, has emerged as one of the top five importers of Russian grain this marketing season despite strained political ties, as Moscow redirects exports from the Azov-Black Sea basin to Baltic ports.Latvia imported 431…
Russian diesel cargoes are returning to their traditional destinations after the US suspended sanctions and secured the lifting of an export ban, with at least two tankers signalling trips to Turkey and Brazil in recent days, according to shipping data from Kpler and LSEG…
Russian forces hit two ships delivering military and dual-use cargo to Ukraine's port city of Mykolaiv, the Russian defence ministry said on Tuesday, without mentioning any energy facilities following US President Donald Trump's announcement on Sunday of an energy ceasefire…
Russian wheat export prices rose last week amid a firmer Black Sea market, while increased grain shipments helped halt a decline in domestic prices, analysts said.Consultancy IKAR said that, by the end of last week, export prices for wheat with 12…
Lithuania, Latvia and Estonia proposed a European Union ban on Friday on Russian grain exports through the bloc in a letter addressed to European Council President Antonio Costa and European Commission President Ursula von der Leyen.The Baltic…
Russia imported more than 176,000 tons of petroleum products from South Korean ports in July and August, easing the impact of a fuel crisis caused by Ukrainian drone strikes on Russian oil refineries, Ukraine's top sanctions official said on Tuesday…
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…
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…
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…
