Primorsk June Urals Crude Exports Lowest in at Least Five Years
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Russia, the world’s largest energy exporter, plans to ship less than 1 million barrels a day of Urals crude from Primorsk port on the Baltic Sea for the first time in about five years, a final loading program showed.
Primorsk will ship 39 cargoes in June totaling 3.9 million metric tons, or 953,000 barrels a day, down 16 percent from this month, the schedule obtained by Bloomberg News showed. The port has loaded more than 1 million barrels a day every month since at least March 2008, when Bloomberg began tracking the data.