Russian crude exports sink to two-year low as market eyes shadow fleet
January 4, 2023 Comments Off
Russian seaborne crude exports fell to a two-year low in December, according to tanker tracking data, as Moscow struggled to redirect to Asia oil displaced by sanctions in European and G7 countries. Russian-origin crude loadings from Russian ports averaged 2.65 million b/d in December, down 431,000 b/d, or 14%, from November levels, according to data from S&P Global Commodities at…
Russian crude exports sink to two-year low as market eyes shadow fleet
Russian seaborne crude exports fell to a two-year low in December, according to tanker tracking data, as Moscow struggled to redirect to Asia oil displaced by sanctions in European and G7 countries. Russian-origin crude loadings from Russian ports averaged 2.65 million b/d in December, down 431,000 b/d, or 14%, from November levels, according to data from S&P Global Commodities at…
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