The amount of Urals cargo at sea with no specific destination is 15% of the total – also a new high, Seigl added.
A record number of Russian oil tankers are at sea due to sanctions.
This was announced by the head of the Office of the President of Ukraine Andriy Yermak on his Telegram channel.
No one wants to buy it, which is why there are now about 62 million barrels of Urals in the sea, which is three times more than before the start of the war.
Traders are trying to find buyers for oil, but there are no willing buyers.
The Reuters news agency also recalled that the United States and other countries banned the import of Russian oil and oil products due to the invasion of Ukraine, while others avoided acquiring cargo for fear of future sanctions. The European Commission is considering an embargo on Russian oil.
The volume of Urals crude oil in the sea is three times the pre-war average, according to the analytical company Vortexa.
“The numbers showing that Russian exports are still relatively high don’t tell the full story,” said energy expert Clay Seigl.
“Russian oil in the sea continues to accumulate,” he stressed.
Some of the oil may be on its way to undisclosed buyers and some may be unsold cargo, traders say.
Recall that the number of ships of the Russian terrorist state has increased in the Black Sea. Among them are ships and large landing boats, including cruise missiles on board.
Read also:
