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Russian oil exports fell sharply: during the week the supply decreased by 700 thousand barrels per day, -. Bloomberg.

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Haqqin.az · · Source

🇺🇦 Ukraine · Map

Russian oil exports fell sharply: during the week the supply decreased by 700 thousand barrels per day, -. Bloomberg.

Russian oil exports fell sharply: during the week the supply decreased by 700 thousand barrels per day, -. Bloomberg.

According to the agency, in the week ending November 8, the Russian Federation exported an average of 3.37 million barrels of oil per day - the minimum in the last three weeks. Tankers loaded 23.6 million barrels compared to 28.53 million barrels a week earlier.

One of the reasons was the suspension of shipments at the Pacific port of Cosmino. Satellite images showed that both of its embankments were empty for three days in a row, apparently due to renovation work.

At the same time, supplies through the Russian ports of the Baltic and Black Seas decreased. On November 2, a Ukrainian drone attacked an oil pumping station in Samara, an important hub connected to export routes to Ust-Luga and Novorossiysk. However, Bloomberg does not confirm a direct link between the shock and the drop in shipments.

Against this background, Ukraine renewed its intense attacks on Russian refineries: since the beginning of November, six plants with a total capacity of 1.7 million barrels per day have been hit.

As a result, the four-week average crude value of Russian offshore oil exports fell to a six-week low of $2.48 billion.

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