By May 12 of this year, the volume of shipping of Russian oil by sea has reached its maximum since the beginning of 2022. In the last four weeks, this figure has reached the level of 3.76 million barrels per day. informs Bloomberg cites ship tracking statistics.
From March to mid-May, the volume of raw material processing in the Russian domestic market fell by 300 thousand barrels per day (b / c). However, this indicator remains 430 thousand barrels/day above the levels observed in April and May last year. At the same time, recently the ways of supplying raw materials from Russia by sea have changed, the article states.
“At the four-week average, total offshore exports rose 80,000 barrels per day to May 12, 3.72 million barrels, the highest level since the beginning of 2022. The more volatile weekly supply rose nearly 120,000 bpd from the previous week to 3.76m bpd <….> It also consists of ”provisions recently transported into the waters between the Canaries and the Azores.
May 15 on the website of the Ministry of Finance of Russia (MinFin) published According to statistics, by mid-May of this year, the currency price of a barrel of Russian Ural oil fell to $ 55.97. For comparison, in April this indicator was at its highest level since the beginning of January – $ 58.63.