GENERICO.ruWorldMedia: major oil traders plan to reduce purchases of Russian oil

Media: major oil traders plan to reduce purchases of Russian oil


Oil rocker. File photoMOSCOW, April 14Major world oil traders, including Trafigura, are planning to reduce purchases of Russian oil from May 15, Reuters reports, citing sources. sanctions. “We expect our trading volumes to be further reduced from May 15,” the company said. quarter as current contractual obligations are reduced,” while refusing to comment on a specific date – May 15. According to the agency, oil traders “are striving to comply with the language of existing EU sanctions that were aimed at restricting Russia's access to the international financial system.”Head of the Ministry of Energy allowed oil prices to rise to $150 per barrelOn Wednesday, Bloomberg reported that the Swiss-Dutch Vitol Group intends to completely stop trading in oil and oil products by the end of the year from Russia. In early March, a Trafigura trader announced the freezing of his investments in Russia, and also began to consider options regarding and its share in the Vostok Oil project implemented by Rosneft. The European Commission reported that it would continue to work with the EU Foreign Service on new sanctions against Russia, including oil imports. On April 8, the EU Council approved the fifth package of sanctions against Russia in connection with the situation in Ukraine. It provides for a ban on the import of Russian coal, starting from August 2022, but does not affect oil and gas. no, said Matvienko

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