Russia Still Needs Europe’s Oil Tankers: Elements by Julian Lee

Feb. 16, 2023, 12:40 PM UTC

Hello and welcome to Elements, our daily energy and commodities newsletter. Today, Bloomberg Oil Strategist Julian Lee examines Russia’s ongoing need for European tankers to haul its crude from the Baltic to Asia. For Bloomberg’s Zero podcast interview with Germany’s special envoy for climate, click here. To learn more about Chile’s green-hydrogen ambitions in Patagonia, read this. If you haven’t yet signed up to get Elements sent to your inbox, you can do that here.

Today’s Take: Russia’s Shadow Fleet

Russia still needs the international tanker fleet to haul its crude to India and China from ports on its western seaboard. The long ...

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