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East Siberia Pacific Ocean Newsletter
  • Oil Prices Settle Near $90 Despite Rising Geopolitical Risk 16 Apr 2024 20:38 GMT

    … and higher oil prices keep the pressure on gas prices, with … been buying up Russia’s ESPO crude into a newly … ’s strategic stocks with discounted oil.   Exxon Greenlights Guyana’s … 8 billion takeover of ChampionX, oil service giants Halliburton (NYSE:H …

  • China amasses giant stockpile of Russian oil at new storage base 16 Apr 2024 12:53 GMT

    … up a reserve of Russian ESPO crude for the first … The company has not commented. “ESPO discharges into Dongying began surging … barrels. Around 29m barrels of ESPO were discharged from tankers at … countries that can take Russian oil now,” an ESPO dealer said.

  • China’s CNOOC stockpiles Russian oil at new reserve base 15 Apr 2024 23:56 GMT

    … supporting prices of the ESPO blend despite tepid demand … trading sources and Vortexa. “ESPO discharges into Dongying began surging … ’s senior China oil analyst. Each ESPO cargo is about 100 … 364 million barrels. Russian oil arrivals into China, including …

  • China's CNOOC stockpiles Russian oil at new reserve base, traders, tanker trackers say 15 Apr 2024 10:36 GMT

    … trading sources and Vortexa. “Espo discharges into Dongying began … ’s senior China oil analyst. Each Espo cargo is about 100 … emergency government stockpile. Russian oil arrivals into China, including … 29 million barrels of Espo blend were discharged between …

  • Russian Oil Is Once Again Trading Far Above the G-7’s Price Cap Everywhere 10 Apr 2024 14:50 GMT

    … company involved in transporting Russian oil receives a so-called attestation … of the nation’s crude oil shipments had insurance against … money the Kremlin receives from oil sales by forcing the commodity … show. When the nation’s ESPO crude leaves the port of …

  • Final sanctioned tanker with Russian Sokol oil to reach China port, data shows 26 Mar 2024 13:09 GMT

    … sanctioned tankers offloaded their Sokol oil cargo in China earlier … sanctions, giving top global oil importer China the opportunity to … and 967,000 bpd of ESPO. Apart from Sakhalin Island, … price cap on Russian crude oil exports. Sovcomflot and Tianjin …

  • Oil Now Overbought As Focus Settles On Better Than Expected Performance From China 19 Mar 2024 00:12 GMT

    … : File Image/Pixabay Oil prices on Monday reached overbought … Moreover, continued drone attacks on oil processing facilities in Russia from … to import record-high oil volumes from Russia in … ; also, imports of the ESPO grade from Russia are expected …

  • China Poised to Import Record-High Crude Oil Volumes From Russia 18 Mar 2024 18:06 GMT

    … expected to import record-high oil volumes from Russia in March … , China’s imports of the ESPO grade from Russia are expected … , which would be the highest ESPO import volumes in China since … some cargoes of Russian crude oil, with tankers previously headed to …

  • China is on pace to buy a record amount of Russian oil this month 18 Mar 2024 17:57 GMT

    … diminishing the discount on Russian oil. Thanks for signing up! Access … 's intake of Sokol oil — a Russian crude typically sought … 379,000 barrels a day. ESPO flows into China are also … on Russia's Urals oil mix has meanwhile risen, gaining …

  • China Set for Record Russian Oil Imports in March, Kpler Says 18 Mar 2024 13:25 GMT

    … by large volumes of Sokol oil which have been shunned by … to India eased. Imports of ESPO are expected to be at … . At its height, the stranded oil amounted to as much as …

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