Russia’s Crude Shipments Slip to Their Lowest in a Month
Flows fall for a second week on lingering effect of Kozmino halt
Russia shipped 3.23 million barrels a day in the four weeks to April 6, the smallest amount in a month.
Photographer: Glyn Kirk/AFP/Getty Images
This article is for subscribers only.
Russia’s oil exports slid for a second week, with lower flows of its key Pacific grade dragging down overall exports.
Crude flows from all Russian ports in the four weeks to April 6 fell to 3.23 million barrels a day, their lowest in a month and about 220,000 barrels a day below their recent peak. The second straight decline came despite another small uptick in weekly shipments.