Russian oil shipments up despite production cut – Bloomberg ...News

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Russian oil shipments up despite production cut – Bloomberg
Moscow has pledged to reduce output by 500,000 barrels a day in response to Western sanctions Aggregate flows of Russian crude jumped to 4.08 million barrels per day (bpd) in the seven days to April 28, despite the Western sanctions and Moscow’s output cut, Bloomberg reported on Wednesday citing tanker-tracking data. The exports reportedly exceeded 4 million bpd for only the second time since the start of 2022. According to the report, shipments via the Baltic Sea, Black Sea and Pacific were all higher, with flows via the Arctic unchanged from the previous week. The figures excluded volumes from Ust-Luga and Novor

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