Russia’s Crude Oil Shipments Slump by 11% in Two Months ...Middle East

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Russia’s Crude Oil Shipments Slump by 11% in Two Months
source : OILPRICE ( Middle East ) () 47
Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at the Baltic port of Primorsk, pressure for Russia to align with its OPEC+ quota, and increased sanctions pressure. In the four weeks to December 15, Russia’s seaborne crude exports averaged 3.06 million barrels per day (bpd), tanker-tracking data monitored by Bloomberg showed on Tuesday. That’s 11% lower compared to a recent peak of a four-week average volume of 3.46 million bpd in early October, according to the data reported by…

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