Russia's crude shipment remains steady despite mounting pressure on its key oil trade; volumes averaged 3.33mln BPD in the four weeks to the 8th February, according to Bloomberg
Newsquawk Staff ·
Russia's crude shipment remains steady despite mounting pressure on its key oil trade; volumes averaged 3.33mln BPD in the four weeks to the 8th February, according to Bloomberg.
What it means
Russia's steadfast crude shipment volume, averaging 3.33 million BPD despite external pressures, suggests the resilience of its oil trade. This stability may influence global oil prices and impact energy markets, particularly as geopolitical tensions persist. Traders should monitor how this plays into supply-demand dynamics and potential shifts in sanctions or responses from other nations.
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
Related headlines
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects4 hours ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings36 min ago
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)3 hours ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg25 min ago
- EIA Expectations: Crude +0.35M, Distillate -0.63M, Gasoline -1M31 min ago
- Satellite imagery indicates significant damage to the main refining unit at Saudi Arabia's Ras Tanura (550k BPD) refinery following a strike by Yemeni armed forces, leaving the unit inoperable, Fars reports1 hour ago
- Rosatom says they will raise the number of construction workers at Iran's Bushehr nuclear power plant to 200 in November, reports Al Mayadeen3 hours ago
- Iranian Parliament Speaker Ghalibaf says Iran will respond to any act of aggression in a way beyond imagination3 hours ago
- Iranian Foreign Minister Araghchi briefed the Cabinet on diplomatic developments and consultations with Qatar, Pakistan, Saudi Arabia and Turkey, emphasising regional cooperation, collective security and efforts to prevent further escalation, IRNA reports4 hours ago
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged4 hours ago
- Amphenol (APH) Q3 2026 (USD): Adj. EPS 0.80 (exp. 0.73), Sales 10.2bln (exp. 9.49bln)2 hours ago
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call2 hours ago
- Etsy Inc. (ETSY) Q3 2026 (USD): EPS 1.00 (exp. 0.77), Revenue 692mln (exp. 668mln)3 hours ago