Russia’s Oil Product Shipments Dip as Available Refining Capacity Falls

Exports of Russian refined oil products by sea fell by 7% in October compared to September, due to an increase in idled refining capacity because of maintenance, Reuters estimates based on data from industry sources showed on Wednesday. Russia’s oil product shipments dropped to 8.861 million metric tons last month, with exports from the country’s Baltic Sea ports down by 4.5% compared to September and shipments from the Black Sea ports down by 12.6%. Shipments from the Arctic ports of Murmansk and Arkhangelsk plummeted by 41.5% in October…