he was the minister of oil algeria and one of the leaders of the national oil company, sanatrak, nardino the european union, is preparing to phase out russian oil, as this will affect the european world market. russia, the world's second largest oil supplier, has already been banned by the united states and great britain, if the european union does the same, it will be extremely difficult to replace russian oil, but it will not be easy for russia to redirect flows either . on prices for petroleum products, such as diesel and the trend - this will continue, of course, much depends on how long the hostilities last . what will be the impact of sanctions on the russian economy, it is clear that most of the russian oil will go to the east. what are the alternatives for the west, first of all, the state of production? out of custody, plus they will extract the maximum possible according to market estimates. this year, production will increase by about 2 million barrels per day, about half of this will come from the united states. additional volumes will come from canada brazil guyana. and fina

was the minister of oil of algeria and one of the leaders of the national oil company, sanatrak, nardino the european union is preparing to phase out russian oil, how this will affect the european world market . russia is the second oil supplier in the world, the us and the uk have already banned its products if the eu does the same it will be extremely difficult to replace russian oil, but it will not be easy for russia to redirect flows the market has already changed prices are consistently above $ 100 per barrel changes are especially visible in the prices of petroleum products, for example diesel, and this trend will continue, of course, much depends on how long-term fighting. what will be the impact of sanctions on the russian economy? it is clear that most of the russian oil will go east. what are the alternatives for the west, first of all, the state of production? out of custody plus they will extract the maximum possible according to market estimates. this year, the increase in production will be about 2 million barrels per day, about half of this will come from the united state