Russia Seaborne Crude Exports Drop to 7-Month Low on Primorsk Halt

Russia's seaborne crude exports fell to a four-week average of 3.59 million bpd, down 110,000 bpd, with weekly shipments hitting the lowest since March after Primorsk port halted loadings for several days. The decline reflects production cuts and logistical disruptions, reducing Russian oil supply to global markets. This supports a tighter supply outlook, though the halt appears temporary.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works