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 Treasury Secretary Yellen: Debt Burden Sustainable at Current Levels READ MORE Fed Could Slash Rates by 200 Points Over 8 Meetings, Citi Analysts Predict READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE ZeroHedge: Price Inflation Accelerates for Second Month as Biden Blames "Greed" READ MORE Gold Shines: Analysts Project $2,700 Target by Year-End READ MORE Add a Comment Cancel replyYour email address will not be published.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