Russia’s Seaborne Crude Exports Surge to End 2023 on a High

Four-week average shipments grew to the biggest since early November; weekly flows were the most since July

About 3.46 million barrels a day of crude were shipped from Russian ports in the four weeks to Dec. 31.

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Russia’s seaborne crude exports ended the year on a high, as four-week average shipments climbed to the highest since early November and weekly flows jumped to the most since July.

About 3.46 million barrels a day of crude were shipped from Russian ports in the four weeks to Dec. 31, tanker-tracking data monitored by Bloomberg show. That was up by 230,000 barrels a day from the period to Dec. 24. The more volatile weekly average jumped by 560,000 barrels a day to 3.78 million.