The United States is increasing its oil imports from Russia, according to a Bloomberg source , as US refineries clamor for more oil now that Venezuelan oil supplies have dried up. The amount of oil that flowed into the United States from Russia so far in May was exponentially greater, said Russ Dallen of Caracas Capital Markets. United States took a total of 5 million barrels of Russian crude so far this month, and more are on the way. The United States imported less Russian crude in January and February, purchasing a total of 16.13 million barrels of crude and other oil products, according to the Energy Information Administration. This compares to 20.25 million during that period in 2018. But the US is expected to increase this as much as three times now that Venezuela is no longer a crude supplier to the United States. In January and February, […]