Number of Urals cargoes in the sea without a certain destination is 15% of the total – also a new high, Seigl added.
A record number of Russian oil tankers are at sea due to sanctions.
This was announced by the head of the Office of the President of Ukraine Andriy Yermak on his Telegram channel.
No one wants to buy it, so now there are about 62 million barrels of Urals in the sea, which is three times more than before the start of the war.
Traders are trying to find buyers for oil, but there are no willing buyers.
The Reuters news agency also recalled that the United States and other countries banned the import of Russian oil and oil products and because of the invasion of Ukraine, while others avoided acquiring cargo for fear of future sanctions. The European Commission is considering an embargo on Russian oil.
The volume of Urals crude oil at sea is three times the pre-war average, says Vortexa, an analytics firm.
“Figures showing Russian exports are still relatively is high, don't show the full story,” said energy expert Clay Seigl.
“Russian oil continues to accumulate in the sea,” he stressed.
Some of the oil may be on the way to undisclosed buyers, while the other may be unsold cargo, traders say.
Recall that in the Black Sea, the number of ships of the terrorist state of Russia has increased. Among them are ships and large landing boats, including cruise missiles on board.
