Daily Energy Report

Daily Energy Report

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Daily Energy Report
Daily Energy Report
Daily Energy Report

Daily Energy Report

Russian fuel oil exports, Iraq-Jordan pipeline, Canada oil sands, air travel costs, sanctions disinformation, Korea battery fire, EU’s green delusion, nickel project cancelled, and more.

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A F Alhajji
Jun 25, 2024
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Chart of the Day

Reuters: India and China Top Buyers of Russian Fuel Oil in May

Reuters: Indian Imports of Russian Coal Fall, US Shipments Rise

Summary

In May, India and China were the top destinations for Russian seaborne fuel oil and vacuum gasoil exports, which increased by 12%. These products are used for refining, replacing more expensive Urals crude. Exports to Saudi Arabia doubled for power generation, while shipments to Egypt's Ain Sukhna Terminal dropped.

EOA’s Main Takeaway

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