“Against the background of the Trade War. Trump collapsed Russia’s income from oil exports to two years of April 16, 08:31 Share: Revenues from Russian oil exports fell (photos: Reuters/Angus mordant) Russia’s income from oil exports fell to the lowest in mid -2023. USA.”, – WRITE ON: ua.news
Income from Russian oil exports fell (photo: Reuters/Angus Mordant)
Russia’s revenues from oil exports have fallen to the lowest level since the mid -2023, while the export level itself has been declining for the third week in a row, and oil prices have decreased against the background of the United States Trade War.
According to Bloomberg, raw oil export flows from all Russian ports have decreased to 3.13 million barrels a day four weeks before April 13, which is the lowest in February, and about 320 thousand bp below its recent peak.
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In addition, the gross value of raw oil supplies has dropped by about $ 80 million (or 6%) to $ 1.29 billion per week. This is the lowest rate from the period ending on July 16, 2023.
In total, 21.93 million barrels of Russian crude oil were downloaded in April 13, 29 tankers, indicate the tracking data for ships and ports of port agents. The volume decreased from 22.23 million barrels by the same number of vessels last week.
The export value of Russian raw oil Urals from ports in the Baltic Sea decreased by about $ 9.10 per barrel, while oil loaded in ports in the Black Sea fell by about $ 9.40 a barrel. The price of the main ESPO variety in Russian ports in the Pacific Ocean decreased by about $ 9.70.
Earlier it was reported that on April 2, 2025, the Trump administration officially imposed “mutual” duties, which affected about 185 countries.
The minimum tariff size was 10% (In particular for Ukraine).
For China, the new tariff was 34%, but given in March 20%of duties against China because of a predictable role in the supply of fentanyl to America, total duties for China were 54%.
On April 3, global oil prices have fallen sharply, fixing the largest percentage decline since 2022.
In response, China on April 4 introduced 34% of duties on all goods from the United States, and also stated that it would introduce export control measures for seven species of rare earth metals used in the creation of high -tech products, such as computer or. In particular, it is about Gadolinium and Irri.
Trump called it a “mistake” and since April 9 he introduced additional tariffs against China of 104%.
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China was not left in debt and on April 9 increased duties for the United States to 84%.
For his part, Donald Trump has once again raised duties for China – up to 125% (“For lack of respect for world trade”) and in parallel gave permission for a 90-day pause for the introduction of new duties for other countries.
On April 7, oil prices decreased by more than 3%, continuing the fall of last week, as the escalation of trade tensions between the US and China immersed fears about recession, which would reduce the demand for oil.
Oil prices decreased on Thursday, April 10, as US President Donald Trump launched a trade war with China, despite the fact that he declared a 90-day pause in tariffs aimed at other countries.