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The value of Russia's key crude exports has come under renewed pressure as EU sanctions and the G7's price cap edge closer amid growing signs that the curbs pose little threat to Moscow's resilient output and oil revenues
ReadChina and India hold the key to the success, or failure, of a price cap on Russian oil proposed by the G7. Asia’s largest oil consumers are expected to buy even more cheap Russian crude if the US-led coalition’s attempt to starve President Vladimir Putin of...
ReadSaudi Arabia successfully parlayed crude to three-week highs over $100/b on Aug. 22 but left many unsure if the output cut warning was fueled more by a desire to put a floor under prices, preempt Iran's return to the market, or a genuine alarm over recent...
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