Russia’s crude oil exports decline 8% this year in compliance with OPEC+ production cuts deal ...News

Foreign sales of Russian crude dropped 8% in the first seven months of 2021 compared to the same period a year ago, according to the latest report by the Russian Energy Agency. The country exported 129.104 million tons of crude oil between January and July of 2021. Meanwhile, foreign shipments of Russian oil in July alone rose by 8.4% to 18.69 million tons. Exports to the member nations of the Commonwealth of Independent States (CIS) surged 15.5% in the first seven months to 7.09 million tons, while July exports saw a major decline of nearly 42%, to 870,000 tons. Meanwhile, sales of Russian crude to non-CIS countries dropped 9.1% durin

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