Russia’s Oil Exports Drop the Most in Three Months
No cargoes left Primorsk or Kozmino for four days last week
Russia shipped 3.04 million barrels of crude a day in the week to June 23, the smallest amount since March.
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Russia’s weekly crude exports fell by the most in more than three months in the seven days to June 23, with maintenance at key ports also trimming the less volatile four-week average.
Work at Primorsk on the Baltic Sea and Kozmino on the Pacific coast cut shipments through Russia’s two busiest oil terminals, with no departures from either for four days during the week. But flows should recover in the week to June 30, with loadings already restarted at both affected ports.