Russia’s Crude Shipments Edge Down to the Lowest in a Month
Flows remain in the narrow range they’ve occupied since the start of July
Russia shipped 3.16 million barrels a day of crude in the four weeks to Sep. 1.
Photographer: Michaela Vatcheva/BloombergThis article is for subscribers only.
Russia’s seaborne oil exports edged down to the lowest in almost a month, with maintenance work at the country’s only offshore Arctic field likely contributing to the dip in shipments.
Four-week average crude volumes slipped to 3.16 million barrels a day in the week to Sept. 1, falling by 90,000 barrels a day compared with the previous period. Weekly flows, which are far more volatile, dropped 250,000 barrels a day.