Indian Buyers, Including Mukesh Ambani's Reliance, Halt Venezuelan Oil Purchases; Final Sanctioned Russian Sokol Oil Tanker to Reach China
Indian buyers, including Mukesh Ambani's Reliance, have stopped purchasing Venezuelan oil due to sanctions waiver expiry. Final sanctioned tanker with Russian Sokol oil to reach China. Indian Oil awaits sanctions relief extension for Venezuelan oil. India suspends Venezuela oil purchases and stops accepting Russian oil tankers amid fears of U.S. sanctions. Russia's crude shipments rebound despite sanctions. Russian oil refining capacity affected by drone attacks. Russia struggles to collect oil payments from China, UAE, and Turkey. PetroChina continues business with Russia. Tankers laden with Russian diesel off Brazil's coast. Russia increases gasoline imports from Belarus due to domestic shortages post-drone attacks.
Sources
- Stanimir Dobrev
Russian gasoline and diesel production form Feb-December 2023. I have added in red what could be the maintenance periods for Russian refineries which puts into perspective what the energy ministry said that they would reschedule maintenance to avoid shortages. https://t.co/zBLs6WdH4a
- Giovanni Staunovo🛢
#Russia’s gasoline output rises by 4.4% to 3.7 mln tons in February In January - February 2024, gasoline production increased by 2.1% to 7.5 mln tons, diesel production decreased by 0.4% to 14.6 mln tons #oott https://t.co/W1OUOlggzI
- 9DASHLINE
Indian refiners buy more US crude as Russia sanctions tighten https://t.co/c26DjkiFlf
- MAKS 24 🇺🇦👀
âť— In Russia, there was a collapse of gasoline production by 14.3% compared to the same period last year, - roSSat data https://t.co/A53VVsKeM8
- The Kyiv Independent
⚡️ Reuters: Russia turns to Belarusian gasoline amid decreasing domestic supplies. https://t.co/Vl3pugU5xj
- Dmitri Alperovitch
Russia has increased gasoline imports from neighbouring Belarus in March to tackle the risk of shortages in its domestic market because of unscheduled repairs at Russian refineries after drone attacks https://t.co/uU9FDhB0p5
- Nikkei Asia
Chinese state-owned energy groups continue to buy crude oil and natural gas from Russia, executives said this week, even as Western countries impose sanctions meant to cut off Moscow's funding for its war on Ukraine. https://t.co/6xxk6waldi
- Janis Kluge
Ukrainian drones effect: Russian weekly gasoline production is down sharply, 14.3% below last year. Chart shows 1,000 tons per week, source: MMI (Telegram). Data source: Rosstat. https://t.co/TD3D1GLS6T https://t.co/0m0IikAT21
- Giovanni Staunovo🛢
Chart of the Day: Impact of #India Halting Oil Imports from #Venezuela is Highly Exaggerated #oott https://t.co/rjTEGlsGkh
- MAKS 24 🇺🇦👀
🤫🔥 "Russia has increased gasoline imports from neighbouring Belarus in March to tackle the risk of shortages in its domestic market because of unscheduled repairs at Russian refineries after drone attacks", - Reuters https://t.co/c1dNNJ3iBm
- Giovanni Staunovo🛢
#Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level, sources say #oott https://t.co/r7XjZY2Rdd
- Giovanni Staunovo🛢
Tankers Haul Russian Diesel to #Brazil Where There’s a Glut #oott #Russia https://t.co/zuoUTIY1kp
- Giovanni Staunovo🛢
#Russia increases gasoline imports from #Belarus as domestic supplies shrink #oott https://t.co/hmkRHvfuvW
- Giovanni Staunovo🛢
#Russia: gasoline production was down 7.4% w/w to 754,600 tons in the week through March 24, diesel production was up 0.6% w/w to 1,648m tons according to Rosstat #oott
- Stanimir Dobrev
Russian gasoline production the week of 18-24th March declined significantly 754 600 tons and diesel production rose a bit to 1648 100 tons. March 2023 20-26 Mar, gasoline production was 880 000 and diesel production was 1769 100. https://t.co/lW0IVUoNiu
- Bloomberg Middle East
Tankers laden with millions of barrels of Russian diesel are floating off the coast of Brazil — with more on the way https://t.co/KpEqs5Fqy8
- Nikkei Asia
PetroChina does business as usual with Russia https://t.co/IDRacdf85r
- Giovanni Staunovo🛢
#China: PetroChina Boosts Green Ambitions as Big Oil Walks Back Pledges #oott https://t.co/zvpGxs4iK0
- Ukrainska Pravda in English
Russia faces challenges exporting oil as banks in China, UAE and Türkiye boost sanctions compliance requirements – Reuters https://t.co/MtQ3moz5YK
- Energy Headline News
Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny - Reuters
- Giovanni Staunovo🛢
#China: PetroChina imported 40 mln metric tons of Russian crude oil in 2023, president says #oott #Russia https://t.co/UHKi4d363q
- Giovanni Staunovo🛢
#Oman Becoming Hot Spot for Ship-to-Ship Transfers of Russian Oil Crude heading to India being reloaded in waters off the nation Rise in activity comes as US steps up scrutiny of the flows #oott #Russia https://t.co/9LX2FzLqai
- Giovanni Staunovo🛢
#Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny #oott https://t.co/Pn77ibtN1U
- The Times Of India
As Russian oil sanctions tighten, Indian refiners shift strategy to U.S crude | Here's how https://t.co/RCb0xXsMBR
- S p r i n t e r F a m i l y
China accepted all seven Russian tankers carrying Russian Sokol oil, which were subject to US sanctions. The last tanker will arrive at the Chinese port of Tianjin this evening. Thus, China's March imports of oil from Russia by sea reached a record level. https://t.co/eIzAGgE6Ba
- Tracy (𝒞𝒽𝒾 )
Russian Urals and KEBCO oil loadings have been set at 2.2 million metric tons during April 1-10 compared to 2.4 million tons over March 1-10, according to two trading sources citing the preliminary schedule. This is down by some 8% from the same period last month, Reuters… https://t.co/kx0r2kezZt
- Giovanni Staunovo🛢
#Russia's Baltic port oil exports for April 1-10 down 8% m/m to 2.2 mln T, sources say #oott https://t.co/TnfKOwORLw
- Giovanni Staunovo🛢
The True Direct Cost of Oil Sanctions on #Russia’s Exports #oott https://t.co/sIXKH5w10h
- Voice of Europe 🌍
Final sanctioned tanker carrying Russian Sokol oil reaches China's Tianjin port https://t.co/gF6wUN1g6c https://t.co/Y5jHQlTkiu
- RT
India buying more US oil amid Russia sanctions Tighter enforcement of the restrictions has reportedly hampered New Delhi’s purchases of Russian crude https://t.co/RhT2K9JPom https://t.co/yuOCTGqEFJ
- Giovanni Staunovo🛢
Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy #oott #India #Venezuela https://t.co/mGz4w8cE3L
- zerohedge
India Suspends Venezuela Oil Purchases Fearing U.S. Sanctions Return, Stops Accepting Russian Oil Tankers https://t.co/O039pZBCPO
- First Squawk
RUSSIAN OIL REFINING CAPACITY TAKEN OUT BY DRONE ATTACKS REACHES 14% OF TOTAL - REUTERS CALCULATIONS
- LiveSquawk
#OOTT | Russia’s Crude Shipments Rebound Even As Sanctions Snare Tankers - BBG https://t.co/CWFCDXEze7
- Reuters
Final sanctioned tanker with Russian Sokol oil to reach China port, data shows https://t.co/wgv1Gz4M9v https://t.co/IuSsYtlyXd
- Giovanni Staunovo🛢
Final sanctioned tanker with Russian Sokol oil to reach #China port, data shows #oott #Russia https://t.co/eUf7kskm8u
- Giovanni Staunovo🛢
#India: Buyers of Venezuelan Oil Halt Imports on Sanction Fears Refiners pause purchases ahead of waiver expiry on April 18 Import-reliant India faces dip in flows from #Venezuela, Russia #oott https://t.co/j2OyMbGAR1
- Bloomberg
Indian buyers of Venezuelan oil — including billionaire Mukesh Ambani’s Reliance - have halted purchases from the OPEC producer ahead of the expiry of a sanctions waiver in the middle of next month https://t.co/GL81PM5hu3