Russia’s Seaborne Crude Exports Fall by the Most Since July
Exports are at their lowest in two months after slipping for the fourth time in five weeks
Russia shipped 3.12 million barrels a day of crude in the four weeks to Nov. 24.
Photographer: Marcelo del Pozo/BloombergThis article is for subscribers only.
Russia’s seaborne crude exports saw their biggest drop since July, with shipments sliding to a two-month low, as flows to key buyer India fell sharply.
Four-week average volumes declined by about 150,000 barrels a day in the period to Nov. 24, slipping for the fourth time in five weeks, even as weekly exports were up slightly from the previous seven days.