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Russian crude oil

Coverage of Russian crude oil in the Nexus archive.

Earliest in view: May 31 · 12:30 UTCMost recent: Aug 4 · 10:48 UTC
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Recent coverage
  • BUSINESSAug 4 · 10:48 UTCKYIV POST
    Georgia's Only Oil Refinery to Stop Processing Russian Crude

    Black Sea Petroleum LLC, owner of Georgia's only oil refinery, is phasing out Russian crude oil in favor of Kazakh and Libyan crude under a 2027 agreement. The decision follows EU sanctions requiring the refinery to stop processing Russian oil by January 2027.

  • BUSINESSJul 31 · 10:15 UTCMOSCOW TIMES
    Kazakhstan in Talks to Refine Russian Crude Oil Amid Fuel Shortages

    Kazakhstan and Russia are discussing an arrangement where Kazakh facilities would refine Russian crude oil to address local fuel shortages, with a portion of the refined gasoline and diesel to be returned to Russia.

  • POLITICSMay 31 · 12:30 UTCKYIV POST
    EU May Freeze Russian Oil Cap to Block Automatic Price Hike Amid Iran War

    The European Union is considering emergency adjustments to its sanctions framework to temporarily freeze the price cap on Russian crude oil, aiming to prevent an automatic increase linked to the Middle East conflict. The current EU rules automatically adjust the price cap every six months to stay 15% below the average market price of Russian Urals crude.