Oil supplies from russia fell to a minimum in December

Oil supplies from russia fell to a minimum in December


Raw oil shipments from russia fell to their lowest level in 2022 in December.

Total sea transportation of oil from russian federation decreased by 117,000 barrels per day — to 2.615 million barrels on average over four weeks, according to Bloomberg.

Even shipments of oil to russia-friendly countries — China, India, and Turkey — fell.

Last month’s decrease in shipments from the Black Sea and Pacific ports was influenced, in particular, by storms. So, in December, loading was stopped for 11 days in the port of Kozmino (russian federation) due to bad weather.

In addition, the supply of Rosneft may be affected by the lack of ships for transportation over longer distances, which the terrorist country will need after the EU ban on the sea import of crude oil from russian federation.