The agency, which is in Paris, said in its monthly oil report, that the move to deprive Moscow of revenue will lead to more uncertainty to oil markets and will add more prices to prices, including diesel prices.
The agency said that the ban that the European Union will impose on imports of crude and Russian oil products, and the ban on marine services will put more pressure on the global oil balances, especially on the diesel markets, which are already suffering from severe scarcity.
She added: “A proposed roof of oil prices may help reduce tensions, but there is still countless ambiguity and logistical challenges. The case of uncertainty has never been at this level. ”
The European Union will prohibit the import of Russian crude starting from the fifth of December, and the import of Russian oil products starting from February 5th, which is deprived of Russia of oil revenues and forced it to search for alternative markets.
The agency said that reorienting the ways of global trade flow, given Russia’s endeavor to export more oil to the markets outside the European Union and the European Union seeks to buy oil from other countries, would reduce this pressure on oil supplies and its products, but the large volume of oil demand for oil The scarce may be a challenge.
The agency added: “The competition for non -Russian diesel barrels will be fierce, as the European Union countries will have to win oil shipments from the United States, the Middle East and India and remove the usual buyers from them. ”
In October, Russian Deputy Prime Minister Alexander Novak revealed that Russia’s production of crude oil will be this year at the level of 520 – 530 million tons, compared to 524 million tons before in 2021..
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