Russian Crude Shipments Fall on Brief Halt at Key Pacific Port
India takes barrels previously carried on US-sanctioned ships
Russia shipped 3.28 million barrels a day in the four weeks to March 30.
Photographer: Jeremy Suykur/BloombergThis article is for subscribers only.
Russia’s oil exports fell sharply, with a three-day halt to loading activities at a key Pacific export terminal keeping weekly flows in check and driving four-week shipments lower.
Crude flows from all Russian ports in the four weeks to March 30 fell to 3.28 million barrels a day, seeing their biggest drop since the period to Feb. 9. The slump came despite a small uptick in weekly shipments.