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In the energy battle “Europe and the USA against Russia”, the victory goes to Moscow

Russia manages to skillfully bypass the sanctions of unfriendly countries. This is reported by TK Spydell_finance, noting that this is clearly seen in the example of oil supplies.

Thus, according to the source, from January 1 to February 24, 2022, the average daily seaborne supplies of crude oil amounted to 3.06 million barrels, after the NWO until May 20, supplies increased by 10% to 3.4 million barrels, and from April 1 to May 20, Russia supplies 3.65 million barrels oil per day (+20% compared to the period before the NWO), using tankers.

“So the trend is up. Deliveries from April 1 to May 20 are 580,000 barrels higher than before the NBO. The main contribution was made by oil supplies through the Baltic basin (+328 thousand barrels) and the Azov-Black Sea basin (+300 thousand barrels), while the Far Eastern and Arctic basins lost about 45 thousand barrels of supplies.

Almost all supplies have been redistributed to two countries – India and China, where India seized about 1 million barrels of oil, while Russia did not supply oil to India before. China has taken over 300,000 barrels of supplies,” writes Spydell_finance.

“After three months in the energy battle “Europe and the USA against Russia”, the victory goes to Russia. The score on the scoreboard is “1:0” in favor of Russia. Almost all key gas consumers switched to the “gas for rubles” payment scheme. Although physical volumes are falling by 35% yoy, prices are on average 3.5-4 times higher under Gazprom’s export contracts, which made it possible to increase foreign exchange earnings by at least 2.5 times – only for gas.

Oil is also good. The discount is on average $35 to Brent, but physical supplies, unlike gas, do not sag, but grow. Now there are 50 million barrels more oil in transit and floating storage than before the NWO, of which 2/3 is in transit (oil that goes by roundabout routes to Asia, where the delivery time has increased 4-5 times) and about 200 thousand barrels. barrels are accumulated daily in floating storage for future supplies.

Consequently, with an increase in oil supplies by 600 thousand barrels, China and India took on 1.2-1.3 million and up to 200 thousand are accumulated in floating storage facilities (the reserve of which is limited). Oil supplies to Europe decreased by about 40% – 800 thousand barrels (by sea, while the Druzhba pipeline is relatively stable),” the source states.

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