Russian oil exports are growing ahead of the embargo
18.10.2022 - 11:20
The terrorist state increased its sea exports of oil on the eve of the introduction of sanctions.
Deliveries of russian oil to Turkey, India and China have increased significantly. Total exports reached the highest level since mid-August — 3 million barrels per day, according to Bloomberg.
Sea exports of russian oil to European countries reached 714,000 barrels per day. Daily supplies increased by 89,000 barrels, or 14%, compared to the period up to October 7.
The Kremlin’s revenue from the export duty on crude oil increased by $9 million to $134 million in a week.
As previously reported by USM, at the end of May, the European Union decided to introduce oil embargo against russia. The sanctions should come into effect on December 5.
