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 Junk Bonds Surge Amid Broad Market Rally and Investor Optimism READ MORE What Is Gold Liquidity and Why Is It Important? READ MORE Fed Rate Cuts Predicted Only in Response to Economic Crisis, Says Black Swan Investor READ MORE Many Top Executives Withhold Financial Support in Trump vs. Biden Rematch READ MORE Economist Predicts U.S. Recession, Calls for Immediate 'Debt Detox' READ MORE Add a Comment Cancel replyYour email address will not be published.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