Russia’s refineries have started to reduce run rates and some consider shutting in operations, as the facilities are struggling with hefty losses amid export restrictions, rising oil prices ...

Exports of Russian refined oil products by sea fell by 7% in October compared to September, due to an increase in idled ...

Correction: This story has been modified to emphasize that CREA has not verified the precise amount of oil products from Russian crude oil that passes through laundering countries to price cap ...

Russia has banned oil sales to countries and companies that comply with a price cap agreed by Western nations earlier this month. The price cap - which was agreed by the G7 group of nations ...