Asia outpaces Europe as top Russian oil buyer – Bloomberg
Deliveries in April were redirected to India and China


Asian countries became the largest importers of Russian oil for the first time in April 2022, overtaking Europe, Bloomberg reported on Friday, citing Singapore-based analytics firm Kpler.

Roughly 71.7 million barrels of Russian crude were delivered to Asia last month, more than twice as much as Russia shipped to the region prior to the launch of the military operation in Ukraine. The resulting Western sanctions and the threat of an oil ban forced Moscow to redirect the shipments and, according to the publication, shipments to Asia have been growing at a high rate.

“Some of the interested buyers in Asia are more motivated by economics rather than taking a political stand,” Jane Xie, a senior oil analyst at Kpler, said, as cited by Bloomberg.

Most of Russia’s redirected oil was shipped to India and China. Russia recently offered a hefty 25% discount on its oil, and media reports state that both India and China have been discreetly buying it at the lower price in recent weeks.

Russian oil shipments hit record high
Asia receives Russian oil by sea. According to industry consultant FGE, the volume of oil transported by sea will increase by 45 to 60 million barrels in the near future due to Russia’s expanding trade with Asia. As of May 26, around 57 million barrels of Russian flagship Urals crude and 7.3 million barrels of Far East ESPO crude were reportedly in transit at sea, against a mere 19 million of Urals and 5.7 million of ESPO in late February, according to Kpler.
https://www.rt.com/business/556189-asia-buys-more-russian-oil/

As expected

The US and Europe think they could isolate Russia and they expected china to help them crush Russia when China knows that after Russia, they are next? I mean, their delusion is alien.

Russia as a whole will be better and stronger thanks to the miscalculated sanctions..
Now they don't have to consider the western world to do anything in the future

rottennaija:
The US and Europe think they could isolate Russia.

Asin ehh , they have lost big time
India and China alone is 30% of the world's global market

Hoeslayer:

Asin ehh , they have lost big time
India and China alone is 30% of the world's global market

The future is in Asia. The US and Europe is having their last dance. My only fear is that they don't take the world down as they go down.

Hoeslayer:
Russia as a whole will be better and stronger thanks to the miscalculated sanctions..
Now they don't have to consider the western world to do anything in the future

Not as you think
These countries that are buying from Russia are using to make products to sell to Europe and us to keep their economies afoat
So it is complicated when the global economy is involved

rottennaija:



The future is in Asia. The US and Europe is having their last dance. My only fear is that they don't take the world down as they go down.

What do you expect?
Covid in china shut down the whole globe for 1 year
War at Russia's doorstep literarily is affecting everybody on the globe with inflation
So if the west go down the whole world will go down!

Mexican stand

Who no like cheap oil

USA/EU/Uk- we will isolate Russia and destroy their economy

Russia- You say

Go Asia

European leaders need to take a 2nd look about this war and sanctions…
Russia is winning in every way possible, While countries that have nothing to do with the war are feeling the heat.
I understand they try to stand in solidarity but if you all have been more opening in terms of negotiations and diplomacy maybe we will never get here.
But you keep arming (harming) Ukraine and sanctioning Russia…
Make una solidarity no go push una for solid suffering oo.

Russia oil and gas exports to UAE has increased X2 since the war start.
UAE, Turkey and many Asia countries have increased their Russia oil and gas intake, as Russia gas and oil are cheaper than the current market value.
Pakistan government have announced they will increase Russia gas and oil import.

EU never know anything. Russia made EU rich with her cheap gas and oil and other raw materials. EU has made it clear that they will lick Uncle Sam's ass at their own detriment. Russia has taken her market to Asia where those guys will lap and swallow cheap gas and oil which in turn will make them and Russia richer. Las las na fight go end EU and Uncle Sam matter.

The west with its imperial mindset is threat to humanity.