17 January 2023 | Other

Seaborne oil flows from Russia rose to the highest level since April last year

The seaborne crude exports from RF rapidly increased last week. It has become the highest since April. This growth shows that by this moment, the country has recovered from the initial blow inflicted on flows by European sanctions.

A week before January 13, the total volume of oil from RF grew by 30% to 3.8 million. This is 876,000 barrels per day. The number of shipments on the Baltic Sea grew by 626,000 barrels per day compared to the week before. The shipments on the Black Sea and from Pacific ports also increased.

The EU sanctions imposed on the import of RF crude have increased the delivery time of shipments. The country becomes more dependent on its vessels and so-called “shadow fleet”. This refers to the older vessels belonging to small unknown firms that have appeared recently.

Company MarketCheese
Period: 04.10.2026 Expectation: 3800 pips
Go short on GBPUSD with downside potential to 1.31500
Today at 09:37 AM 9
Period: 18.09.2026 Expectation: 600 pips
Buy Brent crude up to $100
Today at 06:36 AM 10
Period: 03.10.2026 Expectation: 5100 pips
Sell USDJPY down to 152.00
Yesterday at 10:22 AM 27
Period: 03.10.2026 Expectation: 175 pips
Invest in ETHUSD up to $2,565
Yesterday at 08:13 AM 14
Period: 30.09.2026 Expectation: 13000 pips
Go long on Brent crude with $99.50 target
02 September 2026 30
Expectation: 1200 pips
SPX sell-off targets 7,500
02 September 2026 21
Go to forecasts