But total Russian crude oil exports, including via pipelines, have increased by a small amount as Germany and Poland halted their Russian crude oil imports. Therefore, the diversion of these flows has boosted offshore crude oil exports. Total crude oil exports rose nearly 190,000 bpd m/m to 4,525 mbpd in the first 16 days of January after declining 265,000 bpd m/m in December energy intelligence.
With the European Union ban on refined products from Russia coming into effect on February 5…