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Oil exports from Russia fall sharply after introduction of price flow – WSJ

Photo: Sovcomflot

The volume of oil exported by the Russian Federation by sea in December was 22% lower than the average for the previous 11 months.

In December, Russian oil exports by sea decreased by almost a quarter compared to the average in 2022. This was reported on Wednesday, December 28 by The Wall Street Journal.

The publication reported that Russia in December exported about 2.5 million barrels of oil daily. This is 22% lower than the average for the previous 11 months of this year.

It was noted that the decrease in exports was recorded against the backdrop of the West’s introduction of a ceiling on prices for Russian oil.

In addition, the decline in Russian oil exports was “probably caused by severe weather conditions and lower demand in China amid insufficiently decisive lifting of restrictions” imposed during the pandemic. .

Recall that the President of Russia Vladimir Putin banned the sale of oil to countries that support the introduction of a ceiling on prices for Russian oil.

In Germany, they replied that it has no practical significance for them, because Berlin intends to completely refuse supplies from Russia from January 1, 2023.

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Source: korrespondent

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