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February 12, 2026
Market Update
US–India trade deal reshapes India’s crude buying pattern
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February 4, 2026
Market Update
India–US trade deal to reshape marginal crude flows, not displace Russian barrels
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February 2, 2026
Market Update
Russian gasoil resurgence floods Brazil but offers little respite for Med
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December 16, 2025
Market Update
Abandoning the price cap would expand the Shadow Fleet and reshape tanker markets
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December 10, 2025
Market Update
Russian oil flows under sanctions: an update two weeks on
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December 2, 2025
Market Update
Ukraine’s evolving drone campaign against Russian refining infrastructure
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December 2, 2025
Market Update
Rosneft and Lukoil sanctions are live: how India, China and Turkey adapt rather than exit
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November 18, 2025
Market Update
Drone strikes near Novorossiysk to temporarily halt ~700 kbd in Sheskaris oil loadings
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November 11, 2025
Market Update
Which Russian commodities does the EU still import, and for how much longer?
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October 28, 2025
Market Update
The EU clarifies on the 18th sanctions package: Reliance to gain, STAR to lose
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October 28, 2025
Market Update
US sanctions on Rosneft and Lukoil to cause short-term disruptions, not structural change
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October 21, 2025
Market Update
Assessing the impact of sanctions on Russia’s shadow fleet
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October 21, 2025
Market Update
India unlikely to rapidly drop Russian oil, despite Trump remarks
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September 24, 2025
Market Update
Assessing the impact on Russian energy infrastructure from renewed Ukrainian drone strikes
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September 16, 2025
Market Update
The big APPEC takeaway
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