Russian oil exports have been increasing for the fourth consecutive week, Bloomb…

🇷🇺Russian oil exports have been increasing for the fourth consecutive week, Bloomberg reports.

The publication notes that the increase in supply volumes, combined with rising average prices, has led to the highest inflow of funds into the Kremlin’s military fund in almost two months.

According to analysts, in the first half of February, exports of Russian crude oil averaged 3.39 million barrels per day.

The increase in supplies is mainly due to an increase in sales to China.

Russian oil exports to China in the first two weeks of February alone rose to 2 million barrels per day. At the same time, more and more Urals oil is being redirected from recent buyers in India, which is reducing its purchases of Russian energy carriers. Moreover, almost all the oil sent from Pacific and Arctic ports is also going to China.

The publication notes that the increase in exports is taking place against the backdrop of intensified Ukrainian strikes on Russian oil refineries and the suspension of pipeline supplies to Hungary and Slovakia.