Russia celebrates landmark victory as it steals USA's energy security

Russian oil and oil products remain highly demanded and highly competitive even against the backdrop of the energy and geopolitical confrontation with the West. Russia sets new record in exporting oil products to US At the end of 2020, the United States increased imports of Russian oil and petroleum products to a maximum since 2011, the Energy Information Administration (EIA) said.The USA buys 538,000 barrels per day, which marked a yearly increase of 3.5 percent to 7 percent of total purchases. Russia has thus become the second largest exporter of oil and oil products to the United States, having displaced Saudi Arabia from this position.The record was primarily achieved due to exports of petroleum products, since oil exports from Russia to the United States in 2020 fell by 45 percent to 73,000 barrels per day (8th largest oil supplier to the United States).Tellingly, the record has been reported at the height of USA's sanctions policy in relation to Russia.On March 24, Nikolai Patrushev, Secretary of the Russian Security Council, said that the United States would "be held accountable for the actions that it may take." Patrushev's comments came in response to the remarks from US President's Assistant for National Security Jake Sullivan. The latter stated that the USA and Russia were going to face difficult times in their relations, because the positions of the two countries differ considerably on a number of issues. Russia wins honestly in the oil product market Alexei Gromov, the chief officer for the European energy sector at the Institute of Energy and Finance, told Pravda.Ru that record shipments of Russia's oil to the USA is based on the quality of the Russian oil that corresponds to American refining capacities. The expert believes that the Russian oil is even better that the US shale oil. In addition, the production of shale oil in the United States was in a serious crisis.