ISTANBUL
The head of the Russian Direct Investment Fund touted a sharp rise in Russian oil exports in December, urging against what he calls “fake warmonger narratives” being allowed to distort policy decisions.
“Facts matter — Russian oil product exports have significantly increased. Fake warmonger narratives are bad for decision-making,” Kirill Dmitriev said on US social media company X, commenting on figures cited in a recent Bloomberg report.
According to the data cited, Russia exported about 2.15 million barrels per day of oil products in December, up 11% from November and the highest level since August.
The figures also indicate a 36% rise compared with earlier periods.
The comments came as Bloomberg reported that Russian refined fuel flows reached a four-month high, driven largely by increased diesel shipments, despite ongoing Western sanctions and restrictions on the country’s energy sector.
Western nations have implemented various sanctions and price caps on Russian energy exports since 2022 to limit Moscow's revenues, though the Kremlin has actively redirected supplies to alternative markets in Asia and elsewhere.