HomeWorldOil deliveries from Russia...

Oil deliveries from Russia to India and China have reached a record level

Photo: ERA

Last month, Asia surpassed Europe as the biggest consumer for the first time, and the gap will widen in May, according to Kpler.

Oil shipments from Russia to India and China have reached record levels, and Asia has become the largest buyer of Russia’s raw materials. Writes about it in Bloomberg.

The agency, citing data from analytical company Kpler, points to the record of deliveries to India and China at a time when other countries are restricting imports due to the war in Ukraine.

According to analysts, between 74 and 79 million barrels of Russian oil were in transit and in floating storage last week, and in February, before Russia’s invasion of Ukraine, 27 million barrels.

Last month, Asia surpassed Europe as the biggest consumer for the first time, and the gap will widen in May, according to Kpler.

“Some interested buyers in Asia are more motivated by the economy than the political stance. There has been a growing US interest in buying Russian oil in India, so there may be some bad risk to this trade flow, even if it is unlikely to drop significantly. now, “said Jane C., senior oil analyst at Kpler in Singapore.

Earlier it was reported that Russia managed to avoid the devastating effect of Western sanctions imposed after the start of the invasion of Ukraine, precisely due to rising prices for exported oil and gas.

News from Athletistic in the Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

In Kyiv, as a result of the accident, the driver of the deceased died on a shelf

In Kyiv today, August 29, there was a fatal road accident with the participation of law enforcement agencies. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This was reported by...

68 Bespilonikov attacked Ukraine at night on August 29 – it was the result of nine seats (infographics).

Russian invaders on the night of August 29 (from August 28) attacked Ukraine 68 ShaAHD drones and imitators of various types. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The...

In Kyiv, love eyelashes post -Rosian lands

In Kyiv, the consequences of a mass Russian air attack, which occurred on the night of August 28, continue. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This was reported...