Russia poised to ‘sharply increase’ oil exports in November – Kpler ...News

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Analysts link the move to maintenance works at several refineries and higher global crude prices Russia is likely to sharply increase oil exports in November, business daily Kommersant reported on Tuesday, citing Kpler analysts. According to the report, the country’s seaborne shipments are set to surge by some 200,000 barrels per day (bpd) next month compared to October, reaching up to 3.7 million bpd – the highest levels since May. Analysts note that the spike in exports is expected to come amid continued maintenance works at several Russian refineries, which forced companies to redirect oil for export. However,

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