Oil price increase clears Russia’s deficit. Russia has cut off Europe and sells all to Asia.
Tue 2:10 pm +00:00, 5 May 2026Russian oil exports in April were the same volume as their exports in March, but at twice the price… Russia exports crude oil mostly plus some diesel. The refineries feed to the local market. Oil storage facilities produce spectatcular fires, but are quick to replace. Russia is stopping LNG sales to Europe, in anticipation of further EU sanctions, …












