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Russia Likely to Export 3.1mbpd of Crude in September

OIL

Russia is likely to export around 3.1mbpd of crude oil in September, which is around 300kbpd lower than June levels, according to Bloomberg vessel tracking.

  • In the four-week period to 25 June, Russia exported 3.39mbpd of crude oil. In the four-week period to 2 July, crude oil exports stood at 3.4mbpd.
  • Russia’s Deputy Prime Minister Novak said Russia plans to cut September exports by 300kbpd against June levels according to Interfax.

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