Japanese, Korean Crude Imports From Russia Tumble

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Imports of Russian crude by Japan and South Korea tumbled by a combined 185,000 barrels per day in May as buying decisions made in the wake of Russia’s invasion of Ukraine begin to show up in official import data.

Oil Demand, Sanctions, Crude Oil, Refining, Oil Products, Oil Supply, Ukraine Crisis
Wanda Ad #2 (article footer)
Bilateral discussions over production policy are heating up before Sunday's official Opec-plus ministerial meeting.
Sat, Jun 3, 2023
With the US debt ceiling talks out of the way and crisis averted, oil markets can now return the focus to supply and demand fundamentals.
Fri, Jun 2, 2023
Opec-plus faces another tricky meeting this weekend as benchmark Brent struggles to stay above $70 per barrel despite the group's recent supply cuts.
Thu, Jun 1, 2023