Brazil imported a record amount of Russian oil products in August – about 235,000 barrels per day. It has been reported Bloomberg With reference to data from the analytics company Kpler.
That’s 25% more than in July. Thus, Russia was fixed on its role as Brazil’s largest fuel supplier by creating new sales markets on the backdrop of EU sanctions.
After the European Union placed an embargo on Russian energy supplies and a G7 price cap in February, Brazil increased its imports sharply: the country was the second-largest buyer of Russian diesel fuel, after Turkey, according to the publication’s estimate.
Western restrictions have lowered the cost of Russian energy, which benefits Brazil. According to Kpler expert Victor Katona, buying cheap Russian diesel will save Brazil 10-15 dollars per barrel.
Starting in June, Russia has started to supply Brazil with gasoline as well as diesel, and naphtha exports may begin soon. Katona said that despite Western pressure, Brazil remains neutral in the Ukrainian conflict and will continue to buy Russian energy profitably.
week in pakistan refuted The presence of problems with the processing of oil from the Russian Federation.
Previously, the cost of diesel and gasoline in the Russian Federation was again reached historical peaks