oil
Russia reduces oil production due to shortfall in sales
Russia decided to cut oil production by 500,000 barrels per day.
Russian federation could not “import substitute” tankers from the EU
Due to the shortage of tankers, russia is forced to sell oil at prices below 60 dollars per barrel.
The embargo on russian oil and oil products has entered into force
On February 5, sanctions on the import of russian oil products to the EU began to apply.
Oil from russian federation enters Asia through Spain
Oil from russian federation is delivered to Asia in transit through the Spanish region of Ceuta (the northern coast of Africa), which makes it possible to reduce the cost of delivery, bypass sanctions and simplify logistics.
Bloomberg: russian federation is increasing transshipment of the Urals at sea to record levels
According to the results of January, the supply of russian Urals oil may reach a record 14 million barrels.
Russia increased oil exports through its ports
Since the beginning of January, sea exports of russian raw oil have grown in all directions.
Oil prices are rising before the embargo on russian oil products
Oil prices rose slightly on Thursday, January 26. The market is waiting for the start of the EU ban on russian oil products.
Exports of Iranian oil increased due to price restrictions on Rosneft
In November, oil exports from Iran increased to about 1.3 million barrels per day, and in December they reached almost the largest volumes in the last four years.
Russia lost $172 million every day due to the “ceiling of prices” for oil" > Russia lost $172 million every day due to the “ceiling of prices” for oil
Due to oil price restrictions by the G7 countries and EU sanctions, Russia loses $172 million every day
Vysotskyi: oil crops will become a priority in Ukraine
In 2023, the sown areas of Ukraine will be reoriented from cereals to oil crops.
