Fuel oil represented the bulk of the exports to China, with 394,200 mt exported, 43.6% higher on the month. Diesel exports recorded similar growth of 39.5% to 343,100 mt. Bitumen and residue amounted to 18,700 mt, marking a 34.9% increase on February. Overall, 756,900 mt of oil products headed to China last month.

Hungary will pay for shipments in roubles if Russia asks it to, Prime Minister Viktor Orban told a news conference on Wednesday in reply to a Reuters question.

Brent were up 49 cents, or 0.5%, at $107.13 a barrel , WTI climbed 21 cents, or 0.2%, to $102.17 a barrel.

The new round includes an import ban on coal from Russia worth Eur4 billion/year ($4.38 billion/year) and a ban on Russian vessels and Russian-operated vessels from accessing EU ports, allowing for certain exemptions such as agricultural and food products, humanitarian aid as well as energy.

Gazprom said the request for gas exports to Europe through Ukraine had been set at 108.3 million cubic metres for April 6, similar to the request for April 5.

Deeply concerned by Russia’s invasion of Ukraine, the exposure of nuclear facilities to fighting and worrying public rhetoric, the undersigned scientists, engineers and professionals of the nuclear energy sector, represented by the American and European Nuclear Society:

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в апреле 2022 года в размере +798,4 млрд руб.

Brent was up $1.17, or 1.1%, to $108.70 a barrel, WTI was up $1.15, or 1.1%, at $104.43.

While the US has already banned imports of Russian oil, gas and coal, it could escalate energy pressure through secondary sanctions on other countries that continue to import the supplies.

Brent was up 63 cents, or 0.6%, to $105.02 a barrel , WTI gained $1.08, or 1.1%, to $100.35.