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Russian oil exports slide to post-war low as sanctions loom, crude discounts narrow

September 19, 2022 Comments Off

Russia’s seaborne oil exports fell 6% to a new post-Ukraine war low in the first half of September as Moscow’s crude flows to the EU start to ebb ahead of looming sanctions and a surge of buying by Indian refiners appears to slow, according to tanker tracking data. Shipped exports of Russian crude fell by 314,000 b/d compared to August…