Russian crude oil exports to countries outside the former Soviet Union skyrocketed 22% year-on-year to 4.96 million b/d (20.3 million metric tons) in April as a result of heavy spring maintenance at refineries (table, p11). Monthly exports to neighboring Belarus were up almost 14% on the...
"Oil exports to friendly countries grew 76%, and oil product exports 20% in 2022. In total, almost 40 million tonnes of oil and oil products were redirected from western markets to eastern ones last year," Novak said.He said Russian oil exports to India grew 19-fold to 41 million ...
MOSCOW. Jan 16 (Interfax) - Russian oil exports rose 7% in 2022, Deputy Prime Minister Alexander Novak said during a meeting chaired by Prime Minister Mihail Mishustin."Despite the actions of unfriendly nations and sanctions restrictions, oil production last year totaled 535 million tonnes, up 10...
European customers could replace those barrels from suppliers in the Middle East, whose exports now mostly go to Asia, as well as source oil from the United States, Latin America and Africa. Meanwhile, cheaper Russian oil could take the place of the Middle East shipments to Asia. ...
Von der Leyen and Michel said the commitment by Germany and Poland to phase out Russian oil by the end of the year and to forgo oil from the northern part of the Druzhba pipeline will help cut 90% of Russian oil imports. The issue of food security will be on the table Tuesday, with...
"According to preliminary data from the Energy Ministry, despite the pressure that the industry is facing, we will increase oil output by 2% this year compared to 2021, to 535 mln metric tons. Oil exports will grow by 7.5% to 242 mln metric tons," Novak said. ...
Russian oil exports have remained high over the past year thanks to purchases by Asian countries such as India. SHANGHAI, Apr 12 (SMM) - Russian oil exports have remained high over the past year thanks to purchases by Asian countries such as India. However, sanctions imposed by ...
With exports resilient, Citi analysts see a turning point with a possible inability to sustain a steep discount for the longer term. With the looming EU embargo in Dec’22 for crude oil and in Feb’23 for refined products, a decline in Russian oil output could be more evident by year-...
俄罗斯考虑禁止石油产品出口以稳定价格 | Russia Mulls Ban On Oil Product Exports To Stabilize Prices 20230915 Russia is again reviving the possibility that it could ban all crude oil product exports in order to stabilize volatile fuel prices in the country, according to Russia’s TASS new agency ...
Poland has announced steps to end all Russian oil imports by the end of the year, as Germany issued a warning over natural gas supplies and called on consumers to conserve energy amid escalating economic tensions in Europe over Russia’s war in Ukraine. ...