SINGAPORE, March 15 (Bloomberg): Russian oil may end up stored in tankers off nations such as Singapore and Malaysia awaiting buyers as consumers assess the repercussions of taking the nation’s crude, according to an analyst at PetroChina Co.
The heavy criticism leveled at Shell Plc following its purchase of discounted oil from Russia after starting its war in Ukraine highlighted the condemnation companies face in dealing with energy exports from the OPEC+ producer.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
