Oil

Sea exports of petroleum products from russian federation reached their maximum since the beginning of the full-scale war. In March, supplies amounted to 3.1-3.2 million barrels per day.

Greek shipowners significantly increased the number of shipments thanks to the transportation of Rosneft.

Kazakhstan made the first test shipment of its oil from the Kashagan field through the Caspian Sea to Azerbaijan.

In late 2022, russia increased oil exports to Singapore, where russian raw is blended with other grades and then re-exported.

The price of russian oil is currently twice as cheap as the world’s leading grades. Also, the value of Rosneft fell to a level lower than the limit, which was introduced by the G7 countries to limit moscow’s income.

Four days after the G7 countries limited the price of russian oil, part of the raw materials from russian federation is trading below the established threshold level.

The price of the leading brand of russian oil, Urals, fell below the level on which the countries of the European Union are trying to agree.

Negotiations between the governments of the European Union countries on limiting prices for russian oil are ongoing.

The permission to supply oil from russia to a number of European countries and Japan will be valid until September 30 next year.

Vitaliy Kim, the head of the Mykolaiv Regional Military Administration, called on representatives of construction companies to return to restore the region.