Sanctions from the European Union and the United States pressured Russian crude oil export revenues to a 20% decline on the year in 2025, the Financial Times reported, citing Agus pricing data. The data suggests that the discount between Russian crude and international benchmarks widened to $24 per barrel last year, from an average of … Read more
Exports down Russia typically exports 1.4 million to 1.5 million tonnes of naphtha per month, but the volume is falling as the Tuapse refinery and Taman port are shut for repairs after repeated Ukrainian drone attacks. The Tuapse refinery, which exports around 150,000 to 200,000 tonnes of naphtha per month, halted processing on December 31 … Read more
Russia’s fuel oil exports to Asia are set for a third consecutive month of declines in January as the U.S. sanctions deter buyers and Ukrainian attacks on Russian oil infrastructure reduce shipments. So far this month, Russia has exported around 246,000 barrels per day (bpd) of fuel oil to Asia, according to vessel-tracking data … Read more