Russia Set to Ramp Up Oil Flows as Impact of Drone Strikes Fades

Moscow has resumed loading operations at key ports, setting the stage for a rebound in exports

Russia shipped 3.11 million barrels a day of crude in the four weeks to April 19, limited by the lingering effects of earlier Ukrainian drone strikes

Photographer: Marcelo del Pozo/Bloomberg

Russia has restored Urals crude exports from its major western ports after weeks of disruption caused by Ukrainian drone strikes, setting the stage for a rebound in flows, though the lingering impact of the attacks continues to limit shipments.

The attacks on facilities at Primorsk and Ust-Luga on the Baltic and at Novorossiysk on the Black Sea, which began late last month, hammered loading activity and sent exports tumbling.