Oil

Ecuador is probably to suspend the export of its oil because of the protests in the country.

Prices of Brent oil rose to Brent Oil Prices Rose to $115.24 per Barrel on Tuesday.

China in May increased oil purchases in Russia by about a quarter compared to April, the monthly volume of supplies became a record, 

Prices of Brent oil fell to $119.2 per barrel today.

Media: India Proposes to Trade with Russia in Rupees for Oil and Arms Procurement

U.S. Proposes to Mitigate Possible Consequences of Ban on Insurance of Ships Carrying Russian Oil

Pakistan Has Lifted Subsidies on Petroleum Products and Tax Relief

From November 1, 2022, Belgrade will not be able to import oil from Russia due to the sixth package of EU sanctions, Serbian President Aleksandar Vucic said.

British Economy Slept 0.3% on Rising Energy Prices

Nord Stream May Cut Gas Supplies to Europe by 22%

Bulgaria is excluded from the European Union embargo on Russian oil imports until the end of 2024.

The Minister of Climate and Environment of Poland, Anna Moscow, called the assertion that "Russian raw materials are always cheap" a myth, TASS reports.

Denmark's largest energy company, Ørsted, said it had not changed its position regarding the refusal to pay for Russian gas in rubles and allowed for the imminent termination of its supplies.

Aleksey Ryabchin, adviser to the head of NJSC Naftogaz of Ukraine, said that 140 Russian gas stations will be transferred to a state-owned company to create a state network of gas stations.

Pipeline oil supplies from Russia may not fall under the embargo of the European Union. It is reported by Reuters.