Russia’s Crude Oil Exports Still Higher Than Before It Pledged To Cut ...Middle East

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Russia’s Crude Oil Exports Still Higher Than Before It Pledged To Cut
source : OILPRICE ( Middle East ) () 21
Russia’s crude oil exports by sea fell slightly in the four weeks to June 18, but were still 250,000 barrels per day (bpd) higher compared to February, which serves as a baseline for the 500,000-bpd production cut Russia has promised this year.   In the four weeks to June 18, Russia’s four-week average volume of crude shipments from its key export terminals inched down to 3.63 million bpd, compared to a 3.66 million bpd four-week average for the period to June 11, tanker-tracking data monitored by Bloomberg showed on Tuesday. Despite…

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