Russia’s Seaborne Crude Shipments Slide by 11% Since October
Country’s seaborne flows stabilize near 3 million barrels a day
Russia shipped 3.06 million barrels a day of crude in the four weeks to Dec. 15.
Photographer: Michaela Vatcheva/BloombergThis article is for subscribers only.
Russia’s seaborne crude shipments have fallen by about 11% since October, with maintenance work at one of the country’s main export terminals pushing flows even lower in the latest week.
Flows have settled just above 3 million barrels a day after weekly fluctuations are smoothed out. Four-week average volumes stood at 3.06 million barrels a day in the period to Dec. 15, down from a recent peak of 3.46 million two months ago.