OREANDA-NEWS   The decision of the Russian government to allow gasoline exports for its producers from December 1 has not changed anything in the behavior of oil companies. Since the beginning of the month, they have not been able to ship a single shipment by sea, and have also reduced the supply of diesel fuel. Bloomberg writes about this with reference to Vortexa data.

In total, marine exports of petroleum products decreased last week compared with the average level in November, when the completion of repairs at a number of enterprises allowed reaching a four-month high.

Supplies of diesel fuel and gas oil for the week ended December 8 fell almost twice — to 695 thousand barrels per day. Supplies of naphtha decreased by a quarter to 484 thousand barrels, and fuel oil by 13 percent to 723 thousand barrels.

As the newspaper notes, the Russian authorities have classified official data on oil production, so the dynamics of sea exports remains the main way to determine its volumes.

On the eve of November 12, the International Energy Agency (IEA) reported a drop in revenue of Russian oil exporters in November by $ 1.1 billion, to $ 14.6 billion. This is due to both the fall in world oil prices and the reduction in exports of oil and petroleum products, which, according to the organization's calculations, amounted to 120 thousand barrels per day, of which 20 thousand were for petroleum products.

Unlike the Vortexa data, which Bloomberg is guided by, the IEA estimates all exports of oil and petroleum products, including through pipelines, and not only with supplies by sea. However, Russia, along with other OPEC+ members, as previously indicated by Deputy Prime Minister Alexander Novak, considers the agency's assessments biased.