Russia’s crude exports surged to a record 4.13 million barrels per day in the four weeks to June 28, but falling oil prices are reducing the dollar value of those shipments. The higher volumes are being offset by weaker realized export pricing, pressuring export revenues despite maximum supply levels.
Russia’s crude exports surged to a record 4.13 million barrels per day in the four weeks to June 28, but falling oil prices are reducing the dollar value of those shipments. The higher volumes are being offset by weaker realized export pricing, pressuring export revenues despite maximum supply levels.
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mildly negative
Sentiment Score
-0.25
