U.S. Increases Imports of Russian Oil

Import of Russian oil to U.S.

The US is intensifying oil supplies from Russia, Bloomberg reports. In the first half of May, U.S. ports received 13 oil tankers from Russia, delivering about 5 million barrels of crude oil and petroleum products. This is evidenced by the report of the manager of Caracas Capital Markets, which is referred to by the agency. There are several more tankers on the way. As a result, Bloomberg notes, the monthly volume of Russian oil imports in the United States should grow threefold.

Such active purchases by the U.S. authorities of oil from Russia are related to the reduction of supplies from other major oil-producing countries. Thus, oil trade with Venezuela was interrupted in the framework of the sanctions imposed by the White House on the government of Nicholas Maduro. And OPEC countries are reducing oil production, already bringing to the minimum values for the last four years.

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