Page 1 - FSUOGM Week 07 2023
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Issue 1214            15•February•2023                     Week 07






                    ™      Russia makes oil supply cut


                            Russia's government has announced that national oil supply will be cut by
                            500,000 barrels per day in response to Western price caps.


                    ™      Baltic LNG demand booms


                            The Baltic States are significantly expanding their LNG imports to replace
                            Russian gas supply.

                    ™      Russia-China gas deal


                            Russia and China have signed an intergovernmental agreement on gas
                            supply via a new Far Eastern route.

                    ™      als trades higher than thought
                            Ur

                            Contrary to FOB price assessments, Urals may be actually be trading
                            significantly higher than thought.
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