Latest News for: China oil trader

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China and India Halt Russian Oil Purchases for March – Reuters

Moscow Times 28 Jan 2025
China and India have suspended March purchases of Russian oil as U.S ... Indian refiners have not yet received fresh offers for March deliveries from traders handling Russian oil, Bharat Petroleum finance chief Vetsa Ramakrishna Gupta said last week.
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Dearth of Tanker Vessels Sets Russian Oil Freight Rates Soaring

MarineLink 23 Jan 2025
The cost of oil shipping from Kozmino port to China on Aframax tankers, which can carry some 100,000 metric tons, has jumped to $6.5 million-7.5 million from $1.5 million on average at the end of the last year, traders said.
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Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

gCaptain 23 Jan 2025
The cost of oil shipping from Kozmino port to China on Aframax tankers, which can carry some 100,000 metric tons, has jumped to $6.5 million-7.5 million from $1.5 million on average at the end of the last year, traders said.
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US sanctions drive up freight costs for Russian ESPO blend oil

Invezz 23 Jan 2025
Traders reported that the cost of shipping oil from Kozmino port to China on Aframax tankers, which have a capacity of around 100,000 tons, has surged to between $6.5 million and $7.5 million, according to the report.
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Oil set for fourth week of gains on US sanctions

MarineLink 17 Jan 2025
Traders are also assessing fresh data from China, the world's top oil importer ... However, China's oil refinery throughput in 2024 fell for the first time in more than two decades barring the ...
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Oil shipping rates surge after US sanctions hit availability

Khaleejtimes 14 Jan 2025
Supertanker freight rates jumped after the US expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.
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VLCC Rates Spike as US Sanctions Bite

MarineLink 14 Jan 2025
expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.
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Oil shipping rates skyrocket as US sanctions tighten global tanker market

Invezz 14 Jan 2025
Supertanker freight rates have surged in recent days, as the US government’s expanded sanctions on Russian oil trade send traders scrambling to book vessels for shipments from other countries to China and India.
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Baltic Index snaps three-session winning streak

MarineLink 14 Jan 2025
expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supplies from other countries to China and India, shipbrokers and traders said.
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The US keeps hitting Putin's war chest with energy sanctions. The impact goes beyond Russia.

Business Insider 13 Jan 2025
Buyers from China and IndiaRussia's top oil customers — are likely ... Even before this round of sanctions, oil traders in China and India have been anticipating higher curbs on Russian oil.
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China, India seek new supplies as US sanctions tighten grip on Russian oil

News India Times 13 Jan 2025
China, India refiners scour the world for oil supplies amid US sanctions on Russia ... Since the new sanctions, at least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, ship tracking data showed.
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Is Shell’s bargain-basement share price too good an opportunity for me to miss?

The Motley Fool 13 Jan 2025
The fall echoes a similar decline in the benchmark Brent oil price over the same period ... Despite supply cuts from oil cartel OPEC, demand from the world’s biggest oil buyer – China – is down from historical averages.
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Cost to Ship Russian ESPO Oil to China Triples After Sanctions

gCaptain 16 Jan 2025
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according to traders.
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China’s Shandong Port Group bans US-sanctioned oil vessels, traders say

Hellenic Shipping News Worldwide 08 Jan 2025
... to China, the world’s largest oil importing nation, traders ....

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