India, China top buyers of Russian oil in February, data show
Wednesday, 10 April 2024 () Russian seaborne fuel oil and vacuum gasoil (VGO) exports sustained their dominance in February, primarily to China and India, as reported by traders and LSEG data. This trend has persisted since the European Union imposed a comprehensive embargo on Russian oil products in February 2023, redirecting the majority of Russia's fuel oil and VGO to alternative markets, mainly in Asia.
Watch as Chinese President Xi Jinping and Russian Foreign Minister Sergei Lavrov meet in Beijing, demonstrating solidarity amid geopolitical tensions. Lavrov's visit follows Putin's consideration of China for his first foreign visit after his recent election victory. Explore how China and Russia are...
The latest wave of Ukraine drone attacks on the Russian refinery system is likely to have a more meaningful impact on Russian refinery production than the ones in January and February. Since then,..
Russian warships sailed into the Red Sea amid missile and drone attacks on vessels by Yemen-based Houthi rebels. Part of Russia's Pacific Fleet, the warships include the missile cruiser Varyag..
Wednesday, 10 April 2024 ()
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