Russia Leans on Turkey, India, China for Oil Sales Before EU Ban

Flows to China, India and Turkey peaked in June at 2.2 million barrels a day. In the four weeks to Oct. 14 that figure was down by about 350,000 barrels a day. However, shipments to Turkey have risen to the highest level for the year so far, while the volume on tankers yet to show final destinations is now so large, at the equivalent of more than 450,000 barrels a day, that it could send combined shipments to these three countries to new post-invasion highs once their actual destinations become apparent.