The material says that a total of 19 million barrels of crude oil is likely to be transported in January and December.

It is expected that in January alone the volume of such raw materials will reach a record 14 million barrels.

The article notes that shipping is a more efficient way to get Russian oil to buyers and should help reduce freight costs over time.

Earlier it was reported that the average price of Urals oil for the period from December 15, 2022 to January 14, 2023 was $46.82 per barrel.