Russian oil shipments hit their highest ever August level this month, according to data from the Institute of International Finance, in the latest sign that the country’s energy exports are holding up much better than expected. The capacity of oil …
By Alex Kimani of OilPrice.com Despite wide-ranging sanctions and import bans, Russia’s vast energy sector continues to thrive, with the country managing to export nearly a billion dollars worth of fossil fuels per day in the first 100 days since its …
WE ARE BEING SOLD OUT! The fourth-largest U.S. oil refiner, Phillips 66, shipped about 470,000 barrels of sour crude from the Big Hill SPR storage site in Texas to Trieste, Italy, according to U.S. Customs data. Trieste is home to a pipeline that …
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