Julian Lee

5 days ago | financialpost.com | Alex Longley |Julian Lee |Archie Hunter

Advertisement 1The UK sanctioned senior executives in an oil trading network it says has been helping Moscow keep exports flowing, part of sweeping measures that will also include up to 100 ships. Article content(Bloomberg) — The UK sanctioned senior executives in an oil trading network it says has been helping Moscow keep exports flowing, part of sweeping measures that will also include up to 100 ships.  Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

6 days ago | bloomberg.com | Alex Longley |Julian Lee |Archie Hunter

Russia assembled a shadow fleet to keep transporting its oil as its war in Ukraine continues. Photographer: Bloomberg Creative Photos/Bloomberg(Bloomberg) -- The UK sanctioned senior executives in an oil trading network it says has been helping Moscow keep exports flowing, part of sweeping measures that will also include up to 100 ships.

6 days ago | news.bloombergtax.com | Alex Longley |Julian Lee

The UK will sanction as many as 100 oil tankers that it says are part of a shadow fleet of vessels helping Russia to move its oil. That could expand the number of ships the country has designated by up to 75% as it seeks to punish Moscow for its invasion of Ukraine. The measures, targeting vessels responsible for carrying more than $24 billion worth of cargo since the start of last year, will be announced later Friday, the government said in a statement.

1 week ago | news.bloomberglaw.com | Julian Lee

Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to consider tightening its key budget-building mechanism while the war in Ukraine continues to drain state coffers. Total shipments in the four weeks to May 4 were worth about $4.96 billion; that was $220 million, or 4%, less than the period to April 27.

1 week ago | bloomberg.com | Julian Lee

The value of Russia’s crude exports tumbled to the lowest in more than two years in the 28 days to May 4. (Bloomberg) -- Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to consider tightening its key budget-building mechanism while the war in Ukraine continues to drain state coffers. Total shipments in the four weeks to May 4 were worth about $4.96 billion; that was $220 million, or 4%, less than the period to April 27.