Russian Crude Shipments Surge to the Highest in Almost a Year
Exports swelled to 3.95 million barrels a day in the week to April 14
Flows from all four of Russia’s major oil ports were close to historical highs last week.
Source: DEA / C. SAPPA/De Agostini EditorialThis article is for subscribers only.
Russia’s seaborne crude exports soared to an 11-month high in the second week of April with flows from all major ports near peak levels.
Last week’s jump propelled total weekly flows to the highest since May 2023, for a level that has been exceeded only twice since the start of 2022, vessel-tracking data compiled by Bloomberg show. The less volatile four-week average also rose sharply, climbing to the highest since early June.