Russian seaborne crude oil export volumes fall 16% m/m and may fall further
Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the invasion of Ukraine. However, after a 4% m/m fall in June, volumes fell another 16% m/m in July, and the Russian administration has announced export cuts for August.
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Posted:
03 August 2023
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