Price
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Marine World
European Commission Proposes Russian Oil Price Cap 15% Below Global Price
BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price…
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Marine World
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package…
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Marine World
Surging UK Shipping Costs Threaten to Deliver a New Price Shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade…
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Maritime News
Russian Urals Oil Prices Rise Above Western Price Cap
Russia’s Urals crude oil price rose above the $60 per barrel limit imposed by Western nations as the Brent price…
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Marine World
Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian…
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Maritime News
Most G7 Members Ready to Lower Russian Oil Price Cap Despite US Engagement
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap…
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Port News
EU pushes for $45 Russian oil price cap and expands crackdown on shadow fleet
The European Union has proposed a fresh round of sanctions against Russia, including those targeting more than 70 ships in…
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Maritime News
Oil Price Drop and Sanctions Puts the Squeeze on Iran and Russia
After several years of relative stability in the global oil market, notwithstanding the war in Ukraine and attacks on…
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Marine World
Western Oil Tanker Firms Flock Back to Russia After Price Plunge
From Athens to New York, oil tanker companies from Group of Seven nations are flocking back to the Russian oil…
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Marine World
EU Likely to Propose to G7 Lowering Price Cap on Russian Oil to $50 per Barrel
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne…
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