Russian oil exports from Baltic Sea and Black Sea ports in November may decrease by 0.1-0.2 million barrels per day compared to the previous month, reports Reuters. The drop comes from plans by local refiners to boost refining after repairs and increase diesel production as part of recent agreements between Moscow and Washington. Additional pressure on volumes comes from delays in shipments in Novorossiysk and the completion of seasonal navigation along the Northern Sea Route.

Russian oil exports from Baltic Sea and Black Sea ports in November may decrease by 0.1-0.2 million barrels per day compared to the previous month, reports Reuters. The drop comes from plans by local refiners to boost refining after repairs and increase diesel production as part of recent agreements between Moscow and Washington. Additional pressure on volumes comes from delays in shipments in Novorossiysk and the completion of seasonal navigation along the Northern Sea Route.