Alaska’s Arctic Ocean shores had been known to hold oil in some capacity since the 1800s. Native Alaskans would cut blocks of ...

MOSCOW (Reuters) - Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in ...

Many of the vessels transporting Russia’s oil from the Arctic and Far ... This puts around 1.5 million bpd of Russia’s crude flows from its Pacific and Arctic ports at risk, according to ...

Days after the sanctions were announced, Reuters reported that sources familiar with the matter said Putin's Arctic oil operations were suffering as crude oil supplies once usually purchased by ...

Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Crude maintains support from demand for heating oil, which held out for a 0.1% gain as an Arctic blast is expected over large parts of the U.S. in the coming week.

The vessels and infrastructure needed by Russia's Arctic oil business, which accounts for a tenth of its seaborne oil exports, are unique, two of the sources said. Novy Port crude from Gazprom ...

MOSCOW (Reuters) - Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage ...