Oil supplies from Russia to the United States reached a maximum in ten years

Despite the difficulties caused by the COVID-19 pandemic and the ambiguous energy geopolitics in relation to Russia, the United States again increased its imports of Russian oil and petroleum products to a maximum since 2011 by the end of 2020. The information follows  the Energy Information Administration of the US Department of Energy (EIA).
According to the ministry, the daily volume of supplies amounted to 538 thousand barrels. In annual terms, imports from Russia grew by 3.5%.
Thus, Russia was in second place in terms of sales of oil and oil products to the United States, displacing Saudi Arabia from this position. The record growth in Russian supplies could have been affected by sanctions against Venezuela, said Dmitry Marinchenko, director of the group for natural resources and commodities at Fitch.
“Traders are trying to replace this oil, including Russian Urals oil, which is also relatively heavy,” Marinchenko said in an interview with RIA Novosti.