Southern Europe and Turkey are actively buying Russian oil Urals, - Bloomberg

Russia has offset the loss of customers in Northern Europe in the level of oil purchase in Italy and Turkey. In a week, 34 tankers shipped more than 24 million barrels of oil from export terminals of the Russian Federation. Oil importers from southern Europe are actively buying Russian oil Urals 4 months before the oil embargo. About it writes Bloomberg with reference to tanker movement data. The shipment of Russian oil to the ports of Italy and Turkey has increased greatly in the last week.

Due to this, the Russian Federation offset the loss of supply to customers in northern Europe, the authors of the material noted. The volume of oil supply from terminals in the Baltic and Black Sea to oil refineries in Italy has increased to 7 weeks of maximum, in Turkey the highest level of supply has been observed in the last 6 weeks.

The first of April of the Urals Oil Party entered the Spanish ports last week, and the tankers brought the first of the February Party of the Russian oil from the Baltic Sea to Greece. "Increasing the supply of Russian oil to several European countries on the eve of the entry into force of sanctions emphasizes the difficulties that the region will face to end the dependence on Moscow oil," the journalists said.

Raw oil transportation from the Russian Federation stabilized only at the level of 500 thousand barrels daily. The average supply volume is 3. 25 million barrels per day. In total, 34 tankers shipped 24. 2 million barrels from the country's export terminals a week before August 5. The revenues to the Russian budget from exports of crude oil are increasing. Bloomberg writes that the average income in 4 weeks has grown to 11-week maximum.

The volume of supplies from Russia to Northern Europe in four weeks before August 5 fell by a quarter and averaged 317 thousand barrels a day. Aggregate deliveries to Bulgaria and Romania have increased to the three -week maximum - 255 thousand barrels a day. Recall that the countries of the Great Seven want to establish a mechanism that limits the prices for oil export from the Russian Federation by December 5. G7 plans to make the price of Russian oil a cartel of buyers.

Russia threatens to refuse to supply oil to the world market, if it is not satisfied with the marginal price. Focus earlier wrote about an increase in gasoline and oil shipments from Russia to the Middle East. In June, oil supplies reached a record 155 thousand barrels a day, and shipment to Europe decreased by 30%. The American Transnational Oil Service Company Baker Hughes announced his release from the Russian market on August 1. The non -operative damage to the branch amounted to $ 426 million.