Last week, the volume of oil transported by sea by tankers reached 1.27 billion barrels, the highest level since 2020. This figure has increased by 230 million barrels since August last year. informs The Bloomberg agency quotes statistics from analysts at Vortexa Ltd.
“The volume of crude oil in tankers at sea has jumped to its highest level since 2020, the last demonstration of how Russian oil travels long distances for new buyers. The volume of crude oil shipped to a destination or idle at sea rose to 1.27 billion barrels last week. “Material, this figure has increased by almost 230 million barrels since August,” he says.
This dynamic is due to Russia’s need to divert large volumes of raw materials to Asian countries, including India and China. The article also concludes that the countries of the European Union (EU) are forced to look for new suppliers against the backdrop of the sharp decline in imports of energy resources from the Russian Federation.
On April 12, Bloomberg cited statistics from analysts at Argus Media Ltd. reportedIt has been reported that the foreign exchange prices of Russia’s leading oil brand Urals are approaching the “ceiling” of $ 60 per barrel set by the G7 countries, the European Union and Australia. Currently, the price per barrel of the variety shipped from the Baltic port of Primorsk and from the Black Sea port of Novorossiysk is about $ 55.