Russia’s Oil Exports Still Strong Despite Sanctions ...Middle East

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Russia’s Oil Exports Still Strong Despite Sanctions
Russia’s crude oil producers managed to export 7.32 million barrels per day of crude oil and crude oil products in February, Kpler data showed, indicating to some that the ban on Russian seaborne crude shipments into Europe and the price cap mechanism have done little to curb the flow of Russia’s crude. The 7.32 million barrels per day of crude oil exported from Russia in February is largely on par with that exported in December, shortly after the crude sanctions went into effect. But that comparison is based on a December that saw…

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