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Analysts said that there are a small number of buyers in Russia who are still in...

"Sanctions, low demand and bad weather": serious problems with oil exports have begun in the Russian Federation - the media

Analysts said that there are a small number of buyers in Russia who are still in demand. In December, raw oil exports from Russia decreased. This is visible compared to the average for the first 11 months of 2022. About it writes Wall Street Journal. It is reported that the publication is based on KPler, which collects raw materials data. The material states that in December, Russia shipped about 2. 5 million barrels of crude oil daily by sea.

This is not enough because the oil prices of 60 dollars per barrel came into force, and the European Union has banned most of imports. The publication writes that these activities have left Russia with only a handful of buyers. These include India, China, Turkey and Bulgaria. According to KPler Matt Smith's analyst, lower exports can be associated with low demand in China and hateful weather. "Winter weather also affected the shipment of Russian oil this month," he said.

Journalists write that the Kremlin has banned oil export to countries that are in pricing within the last eye of the eye. Earlier, Focus wrote that, through the war in Ukraine, Focus has become the most subdivision in the world. Sanctions against the aggressor country were introduced by the European Union, the United Kingdom, the United States, Canada, Switzerland, Australia and Japan. We will also remind that the expert told what sanctions can achieve the economy of the Russian Federation.