Free Trial

Russian Crude Exports Suffering Post EU Ban

OIL

On a four-week average basis, Russian seaborne crude exports to January 6 were down by more than 500,000 bpd from a plateau level of about 3 million in the second half of last year according to Bloomberg vessel tracking.

  • India, China and Turkey remain the key buyers.
  • The quantities on ships that are yet to show a final destination, fell for the fourth straight time in the four weeks to January 6 to average 2.31 mn bpd.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.