Russian Crude Exports Hit Seven-Month Low Amid OPEC+ Compliance Russia’s crude oil exports have declined for the third consecutive week, reaching a seven-month low. The four-week average exports have dropped by 620,000 barrels per day since April’s peak, with Baltic port shipments decreasing by 41% since mid-June. This reduction is likely due to Russia’s improved compliance with OPEC+ output targets and increased domestic refining activity. However, a recent Ukrainian drone attack on a refinery and scheduled maintenance at Ust-Luga port may further impact export volumes in the coming weeks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Warning: Is the Housing Market Heading for a 50% Correction? READ MORE China Gold Reserves Grow for 18th Straight Month READ MORE Poll Reveals Disconnect Between Americans' Economic Perception and Reality READ MORE Dollar Gains as Market Awaits Fed Minutes; Pound Steady on Inflation Data READ MORE Gold Clings to Stability Amid High Interest Rate Fears READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment