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Russian oil exports rise to four-month high as OPEC+ cut pledge eases

October 3, 2023 Comments Off

Russia’s seaborne oil exports rose to a four-month high in September as the country’s crude flows rebounded from 11-month lows amid an easing of crude export curbs and despite a ban on fuel exports to keep domestic pump prices in check. Russian-origin seaborne crude shipments averaged 3.37 million b/d in September, a 10% rise on the month, to the highest…