Russian Crude Shipments Have Fallen 25% In A Week ...Middle East

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Russian Crude Shipments Have Fallen 25% In A Week
The past seven days have seen shipments of Russian crude drop by 25%, as the Kremlin announces plans for building new export outlets to balance out the impact of sanctions.  From April 8 to April 15, Russia has seen crude oil shipments decline by one-quarter, with Bloomberg data showing that only 30 Russian tankers carried under 22 million barrels of oil to ports on the Black Sea, the Baltic Sea and the Arctic Ocean.  Those reduced shipments cut an estimated $60 million out of Russia’ war chest for the week.  Despite the war,…

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