LONDON, Nov 1 (Reuters) - New G7 and European Union sanctions on Russian oil exports will have a muted impact on flows and global prices according to analysts polled by Reuters, as Russia is set to largely succeed in rerouting its trade eastward. Analysts at the Bank of Nova Scotia, however, saw oil export and production levels remaining relatively flat despite the sanctions. Up to 80-90% of Russian oil could still flow if Moscow seeks to flout the G7 price cap, a U.S. treasury official told Reuters last month, leaving 1-2 million bpd shut in. "The implementation of Russian sanctions ... will remove 1.5 million bpd of supply from the market. "While we believe (the price cap) would be very difficult to implement, it would directionally raise the likelihood of more Russian oil staying on the market at any price."

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