Oil exports from Russia to Asia are growing
Edited by Rhod Mackenzie / 2014-06-04 04:49:59
The Urals crude export volume is increasing. The export volume to Europe is going down due to strong demand and higher prices for this type of raw materials in Asia.
According to then analyst of Barclays, M.Makhish, Urals crude export to northwest countries of Europe will go down by 18.2% in June compared to an average index of 2013, while oil export to Asia via ESPO pipeline will increase by 7.5% in June.