☰ Sections Got a tip? Search

Cranberry Journal

Sunday, October 18, 2026

Also in this edition
Markets
  • S&P 5007,659.44−1.09%
  • Nasdaq26,140.03−2.15%
  • Dow52,002.41−0.34%
  • 10-yr yield5.10%+0.18%
  • Crude$97.57−1.46%
At the close · Oct 18

OFAC

Tagged stories

An aerial view of a large tanker with a green hull and red deck moored at a jetty of the Primorsk oil terminal, with a second tanker at a berth in the distance and forest along the shore.
The Numbers

The First Russian Diesel Cargo Since Washington's Licence Was 40,000 Tons, Bound for Morocco. U.S. Pump Diesel Is 9 Cents Higher Than on the Day the Licence Was Signed.

Russia resumed diesel export loadings at the Baltic port of Primorsk this week, and the first reported cargo, about 40,000 metric tons, is heading to Morocco, not the United States. Deputy Prime Minister Alexander Novak said U.S. deliveries need a contract, a vessel and two to three weeks. AAA put U.S. diesel at $6.32 a gallon on Sunday, against $6.23 when the Treasury licensed Russian diesel on 9 October.

By Daniel Okafor  

A single-storey Bank of America branch with its red, white and blue sign, seen across a road junction under traffic lights at State Road 520 and A1A.
Business

Bank of America Took a $1.2 Billion Treasury Penalty the Day Before It Reported. The Charge Cost 17 Cents a Share, and Earnings Still Missed Without It.

Treasury announced more than $1.21 billion in anti-money-laundering and sanctions penalties against Bank of America on Tuesday 13 October, and the bank reported third-quarter results the next morning. The bank says the penalty is a non-deductible charge of about 17 cents a share. The bank earned 91 cents a share, or $1.08 excluding the charge, below the $1.12 analysts had expected.

By Margaret Holloway