Sanctions prevent Russia from earning on oil: How many billions loses aggressor

Despite the increase in oil supplies abroad, Russia's income has declined as the amount of discounts on "black gold" increased, while the basic prices on the contrary have decreased. Russia's income from oil exports in the last month of 2023 fell to a six -month minimum - up to $ 14. 4 billion. About it reports Bloomberg with reference to the data of the International Energy Agency (MEA). According to analysts estimates, the income of the aggressor country from oil exports decreased by $ 1.

4 billion in December. At the same time, Moscow decided to increase the supply of "black gold" abroad, increasing volumes to 7. 8 million barrels per day, which became the highest level since March. This is due to the fact that discounts on oil from the Russian Federation have increased, and the basic prices for goods have decreased, the publication said.

At the same time, revenues from oil production and exports remain the most important source of replenishment of the Russian budget, which is distorted for war against Ukraine. In addition, the Russian Federation is trying to keep social expenditures at the level of approaching the presidential election.

As noted, to reduce the flow of oil dollar to the Russian budget, without breaking the supply of oil in the world market, Western countries and their allies have introduced several rounds of energy sanctions against the Kremlin. Russia has long been ignored because it got a large shadow fleet of tankers to transport its oil to buyers in China, India, Turkey and Latin America.

However, in recent months, the United States has increased control over the compliance of the price limit, applying sanctions against Russia -related traders, ships and shipowners for violations. As a result, the discount on the key Russian export mixture of oil on the URALS Mark in December under the pressure of expanded control of the US Department of Finance increased.

According to the calculations, the price of oil Urals last month fell by about $ 10 per barrel to the level slightly lower than $ 60. The weighted average export price of Russian oil, which also includes the price for the ESPO premium mixture, fell by more than 10% to $ 64. 10 in December, according to the report. During the 11 months of 2023, according to Bloomberg, oil wells were drilled in Russia at a total depth of 28 100 kilometers in Russia.