Russia cuts crude oil exports to a 12-month low
In July, Russia reduced its crude oil exports to their lowest level in a year, while exports of refined products rose by 6% thanks to the recovery of domestic refineries.
| Countries | Chine, Inde, Russie, Turquie, Ukraine |
|---|---|
| Sector | Pétrole |
| Theme | Marchés & Finance, Analyse sectorielle |
Russia’s seaborne crude oil exports fell in July 2024 to their lowest level in 12 months.
According to S&P Global Commodities at Sea data, crude shipments fell by 520,000 barrels per day (b/d) to an average of 3.19 million b/d.
This reduction is attributable to lower shipments of Urals crude from Baltic and Black Sea ports.
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