Foto: BB.LV / танкер
According to Bloomberg, the value of Russian oil exports by sea increased by approximately $430 million to $2.76 billion, marking the highest figure since the start of the war. The decline in prices for Russian Urals crude oil was offset by a sharp increase in supply volumes, as well as a rise in the price of Russian ESPO crude oil. According to vessel monitoring data and industry reports, during the week ending October 25, about 37 tankers loaded 26.93 million barrels of Russian crude oil, the agency reports. The previous week, this figure was 21.87 million barrels loaded on 31 tankers. At the same time, Russia shipped the smallest volume of oil in over a month, despite the fact that operations at its main Baltic port quickly resumed after a previous halt, the agency notes. The largest buyers of Russian crude oil remain China and India. However, it is not always possible to determine the final destination of individual cargo batches until the vessels have covered a significant part of their journey. For this reason, many recent shipment data on tankers only indicate intermediate destinations, Bloomberg notes. It was previously reported that Russia's energy revenues this year have decreased by 17%, despite oil prices reaching their highest levels in over a decade. It was also reported that Russians are increasing diesel fuel production in October after the government provided them with export quotas under an agreement between the Kremlin and the U.S. Following this, Russia also began to resume diesel fuel supplies to Turkey and Brazil.
