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...
EU Council President Charles Michel said the agreement covers more than two-thirds of oil imports from Russia. Ursula Von der Leyen, the head of the EU's executive branch, said the punitive move will "effectively cut around 90% of oil imports from Russia to the EU by the end of the ye...
Phasing in a ban over the rest of the year would be one way to prevent shortages. Germany has already said it plans to end Russian oil imports by year's end. Prices for oil would likely go up, not just for Europe but for the rest of the world too, because oil is a global commodi...
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 ...
"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. ...
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 ...
Image:Oil prices have surged this year The UK government said oil makes up 44% of Russian exports and 17% of federal government revenue through taxation America, which had previously floated the idea of an oil ban over the weekend, is acting more swiftly than i...