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 Global Air Travel in Turmoil as CrowdStrike Outage Continues READ MORE Gold Nears Record Highs Despite Fed's Hawkish Stance on Rates READ MORE What Is Gold Liquidity and Why Is It Important? READ MORE Harris to Outline Economic Vision at Chicago Convention READ MORE BullionStar Financials FY 2022 – Year in Review READ MORE Add a Comment Cancel replyYour email address will not be published.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