Russia is cutting oil supplies due to the suspension of shipments at a major Pacific port. Bloomberg exclusive.
Shipments abroad fell to 3.63 million barrels per day in the four weeks to Nov. 8, according to tanker shipment data compiled by Bloomberg. This is 40,000 barrels per day less than the revised figure for the period until November 1.
Last week there was no oil shipment at the Pacific port of Cosmino for several days, apparently due to repairs.
Satellite images show that both piers remained empty for three consecutive days.
Exports through Western Russian ports in the Baltic and Black seas also decreased, but the reasons for this are less clear.
On November 2, a Ukrainian drone attacked an oil pumping station in Samara, a central hub in Russia's oil pipeline network, which carries supplies from western Siberia and Kazakhstan to Novorossiysk on the Black Sea and Ost-Luga on the Baltic Sea.
Ukraine has stepped up attacks on Russian refineries after a nearly two-week hiatus.
According to sources, since the beginning of November, six refineries with a total refining capacity of 1.7 million barrels per day have been attacked.
In the week to Nov. 8, about 28 tankers loaded 23.6 million barrels of Russian oil, according to ship tracking data and industry reports. For comparison, the previous week this figure was 28.53 million barrels on 39 ships.
Supply volumes fell by 700,000 barrels per day last week to an average of 3.37 million barrels per day, the lowest in three weeks.
The four-week average of the crude value of oil supplies to Moscow fell to a six-week low of $2.48 billion.