#Russia is in its third year of war in Ukraine with a significant amount of cash in government coffers, boosted by a record $37 billion of crude oil sales to India last year. Some of the oil is refined in India and then exported to the US and other countries. Stranded Russian Sokol oil cargoes are moving towards China and India due to payment problems and Western sanctions. Indian imports of Russian oil dropped to a one-year low in January. Russia continues to face challenges in selling Sokol crude to India, risking its seaborne crude flows. The Kremlin has become wealthier through oil sales to India, with refined products reaching the US and Europe. Russia met its OPEC+ pledge in February. A supertanker carrying Russia's Urals crude has arrived off the coast of Venezuela as Moscow seeks new buyers amid sanctions and disruptions.
Refiners in #China, the world’s largest #oil importer, are taking greater volumes of a crude grade from #Russia’s Far East that’s largely being shunned by their counterparts in #India in the middle of sanctions concerns https://t.co/GSyOwaCdsX via @markets
#China Snaps Up #Russia’s Sokol Crude as Indian Buyers Turn Away #oott https://t.co/wBJhzrScki
Refiners in China, the world’s largest oil importer, are taking greater volumes of a crude grade from Russia’s Far East that’s largely being shunned by their counterparts in India in the middle of sanctions concerns https://t.co/2uUDaqTDCM
For the first time in five years, Russian oil reached Venezuela A supertanker carrying Russia's flagship Urals oil has arrived on the shores of Venezuela, Bloomberg reports. This is due to the fact that Moscow is looking for new buyers amid tightening sanctions, as well as due… https://t.co/aPk26oyclx
Russia Appears To Comply With OPEC+ Production Pledge https://t.co/CYMiS7jyay
Russian oil refining is continuing to decline this year. It's now down 7% compared to 2023. But the energy ministry seems adamant that by the end of the year the same amount as in 2023 will be refined that is 275 million tons. https://t.co/abtZi5t9ne
The Kremlin has gotten rich thanks to a U.S. strategic partner India has increased its purchases of Russian oil by more than 13 times compared to pre-sanctions volumes. Last year, Russia sold a record $37 billion worth of crude oil to India. This allowed the Kremlin to start the… https://t.co/yihUqnoDk8
A supertanker carrying Russia’s flagship Urals crude has arrived off the coast of Venezuela as Moscow looks for new buyers amid tightening sanctions and disruptions in the Red Sea https://t.co/eiZRkRYWVA
Russia met its target for crude-export cuts in January, complying with its pledge to allies in OPEC+, according to data from the country’s Energy Ministry https://t.co/CIvFBIoJkK
#Russia’s Seaborne Crude Flows at Risk as #India Shuns Key Grade Difficulties selling Sokol crude into India are far from over #oott https://t.co/yGSfUSl1Nd
Russia's seaborne crude flows are at risk, with Indian refiners still shunning a key export grade, writes @JLeeEnergy. Exports will be curtailed unless specialized shuttle tankers are freed up to load fresh cargoes. https://t.co/rJg5w2tkWK
#Russia to meet its #Opec+ pledge in February in full - deputy PM Novak #oott
CNN Reports that the Kremlin “has never been richer” thanks to India buying huge amounts of oil from Russia, refining it, and then selling it back to the US and Europe. https://t.co/7JUhr3h1Q7
The U.S. is buying Russian oil… through India. 😆 Indian oil refineries bought $37 billion of crude oil from Russia, and then sold $1 billion of refined petroleum to the USA. Europe also does the same thing. https://t.co/IxPeng9Hd8
Rules based order: So it turns out that a proportion of the oil that Russia was shipping to India was refined there and then exported to the US.
#Russia’s Crude Oil Delivery Problems to #India Aren’t Over Yet #oott https://t.co/QQ9E8iFijK
Nearly 15 million barrels of Russian crude meant for delivery to India are sitting on tankers idling off the coasts of Malaysia and South Korea https://t.co/xaUcdN9lPP
Russia continues to get richer, and Americans still fill up with gasoline from Russian oil - CNN Russia “has become even richer than it was before”: Western sanctions against its oil exports did not work, because after their introduction, the place of Western clients was taken… https://t.co/wxQaEKFMPe
Great report from CNN on how billions of dollars in Russian crude - refined in India (sometimes in refineries owned by Rosneft) - makes it's way to the U.S. Not a good look. https://t.co/TKdTo5vLhP
🛢️ INDIAN IMPORTS OF RUSSIAN OIL DROP TO LOWEST IN A YEAR India's imports of Russian crude oil fell in January to a one-year low, down 35% from last year's peak. #OOTT https://t.co/uFDU3qg3Rc
Some stranded Russian Sokol oil cargoes begin to move to China, India - data https://t.co/1i4QH7cx5D https://t.co/dxlfw51ivQ
#Russia: Some stranded Russian Sokol oil cargoes begin to move to #China, #India - data #oott https://t.co/7M8g1eNELN
Some stranded Russian Sokol oil cargoes begin to move to China, India - data Three tankers with Russian Sokol oil that had been stranded at sea due to payment problems and Western sanctions have started to move towards China and India, data from Kpler and LSEG showed on Monday.…
Thank you, India! India stands as a strategic ally to both Russia and the United States, thus NATO nations are turning a blind eye to the origin of the crude oil. Consequently, refined petroleum products are then shipped to the United States and other countries. 📝 "The export… https://t.co/c46gAzRIGj
#Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last year, according to new analysis, which concludes that some of the crude was refined by India and…