Transhipment of Russian crude likely impacting African oil and downstream markets

Issue 467 - 15 Aug 2022 - By Marc Howard | 4 minute read

Reports that Russian crude is being transhipped off the West African coast and in Egypt signal a fast-changing  oil market as Asian buyers access cheap crude rejected by western buyers. This has implications for African producers, while market sources say there are also signs of Russian crude ending up in products sold in Africa

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