Julian Lee

What we have learned three days into the price cap on Russian oil

The unprecedented move by one set of countries to try to impose a price at which another can sell a commodity has drawn confusion among traders, and - from Moscow - a threat of retaliation

Moscow may get new client as Russian cargo sits off UAE coast for 3 days

An oil tanker hauling a cargo of Russian crude has been sitting off the coast of the United Arab Emirates for three days, raising the prospect that the gulf state might become customer for Moscow

Cutting oil demand likely to hurt Russia but could ease supply crisis

The IEA is also extremely worried about an impending oil supply crisis

Russia-Ukraine conflict: Why the Black Sea matters to commodity markets

Crude and refined oil products from Russia, Azerbaijan and Kazakhstan pass through export terminals on the sea's eastern edge.

Despite global oil demand going down, prices may not follow the trend

Limited spare production capacity should help to support crude in coming months