Will be like gas: Russia has problems supplying raw oil - Bloomberg

According to journalists, in the last week the volume of oil supplies of oil has decreased to 2. 86 million barrels per day. This is 1 million barrels a day less than the previous week. The reduction in volumes undermined the Kremlin's income from export duties, which decreased by 29% last week compared to the previous one. Meanwhile, the average four -week supply of oil to clients of the Russian Federation in Asia, as well as shipments on ships without the final destination, decreased to 2.

93 million barrels per day. This is the lowest since mid -January 2023. Raw oil exports from Russia to European countries have not changed and amounted to 104 thousand barrels a day. Moreover, the only destination for Russian oil was Bulgaria. It is interesting that exports to Turkey, the only Mediterranean buyer of the remaining Russia, amounted to 177,000 barrels/day.

At the same time, as noted in the publication, Russian oil refineries increased the volume of oil processing to the highest level in the last 12 weeks in the first days of July. All because of the high demand for their fuel abroad and reducing internal subsidies for planting oil. Recall that remaining without the European market for the sale of its energy resources of the Russian Federation in 2023 will earn only $ 30 billion in gas sales.

Although in 2022, the Russian monopolist Gazprom replenished its accounts for $ 122 billion through the sale of "blue fuel" to European partners. Russia wants to compensate for financial losses at the expense of China, which is about to put 22 billion cubic meters of gas by the end of 2023. It should also be reminded that since December 5, 2022, an oil embargo has been operating for the supply of Russian oil to Europe. The price of this oil was limited in the area of ​​$ 60 per barrel.