We use this expected price of Urals and the current price of Urals, along with the volumes of Urals traded from Kpler, to estimate the difference in the total value of Russia''s
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This rise in Russian imports is strongly indicated as being driven by the drop in global oil prices in April, with Chinese refineries boosting storage inventories due to the cheap
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The Russia thermal energy storage materials market is poised for significant growth, driven by increasing demand for energy-efficient solutions across industries and regions.
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Since introducing sanctions until the end of April 2025, thorough enforcement of the price cap would have cut Russia’s export revenues by 11% (EUR 38.58 bn). In April 2025 alone, full enforcement of the price cap would have reduced revenues by 5% (approximately EUR 0.58 bn).
Since January, the share of ‘shadow’ tankers in transporting Russian oil has dropped from 65% to 53%. ‘Shadow’ tanker use for Russian crude oil transport fell from 81% in January to 65% in April. China’s imports of seaborne Russian crude rose by 8% month-on-month to the highest levels since October 2024.
Its imports, which included Russian LNG, totaled EUR 371 mn. However, the fact that this gas is imported via France does not necessarily mean it is consumed there. A recent study indicates that some Russian LNG entering France through the Dunkerque terminal is delivered to Germany.
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