Sea-borne oil a lifeline as German, Polish refiners swerve Russian supply -data [Financial Post (Toronto, Ontario, Canada)]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Financial Post
Advertisement Imports booked for May into Gdansk from Egypt, the United States, Norway, Britain and West Africa had hit 8.4 million barrels by May 16, their highest level according to Refinitiv Eikon ship tracking data that goes back to 2015. At the same time, Russian crude booked for May into Gdansk and the port of Rostock stood at 700,000 barrels, down from a high of 12.9 million in May 2019, the data showed. “Non-Russian sea-borne crude volumes towards Gdansk have increased at the expense of Russian barrels,” said Ioannis Papadimitriou, senior freight analyst with oil analytics firm Vortexa. The steep rise in such supply comes as Europe works toward an outright ban on Russian oil. Imports into Gdansk from Norway in April and from the United States and via Egypt in May all hit highs, the Refinitiv data showed. Norwegian imports in April hit 2.2 million barrels, similar to U.S. volumes booked for May while those booked via Egypt this month have hit 5.7 million so far, the data
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