Top oil traders to cut oil purchases from Russia's Rosneft from May 15th due to EU and Swiss financial sanctions forbidding purchases for non-critical European needs, with traders debating what counts as critical, according to Reuters sources
Analysis details (17:52)
- EU sanctions have exempted oil purchases from Rosneft or Gazpromneft that are deemed as "necessary".
13 Apr 2022 - 17:47- EnergyImportant- Source: Reuters
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts