Russia’s Crude Oil Exports Slip To Lowest Level Since January

Russian seaborne crude oil exports dropped in the four weeks to July 14 to the lowest levels since January, pointing to a likely improving compliance with the OPEC+ deal, vessel-tracking data monitored by Bloomberg showed on Tuesday.   The four-week average level of Russia’s crude shipments fell to around 3.11 million barrels per day (bpd) in the four weeks to July 14, down by around 180,000 bpd from the four-week average from the week prior, according to the data reported by Bloomberg’s Julian Lee.  The latest…