Daily Energy Report

Sudan and South Sudan crude oil exports, strengthening energy and financial cooperation between Russia and India, Russian oil exports, and more

CHART OF THE DAY:

Commentary:

Crude exports from Sudan and South Sudan stood at around 77,000 barrels per day (b/d) in March, according to figures from data intelligence firm Kpler, with the UAE and Malaysia being the top two destinations. Oil exports from landlocked South Sudan are exported via Sudan’s Red Sea ports.

Exports to the UAE, and from where they most likely head to Asia, stood at 58,000 b/d, a rise from 35,000 b/d the previous month, while flows to Malaysia were at 10,000 b/d a drop from 21,000 b/d in February.

Other destinations include China and Italy. Exports to China were last seen in April 2022 standing at 40,000 b/d, while exports to Italy were last observed in February at 36,000 b/d, Kpler’s data shows.

EOA’s Main Takeaway: