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Russian Exports: Shipments Fall on Black Sea Storms, Druzhba

From energyintel.com

In total, Russia exported 7.14 million barrels per day of crude and products in February, down approximately 600,000 b/d compared with January. A large part of this decline is believed to stem from icy and stormy conditions at key ports, which are now seeing a rebound this month. {table} Data from Kpler, a ship tracker, shows that Russia shipped 3.43 million b/d of crude oil by sea during Mar. 1-14, roughly flat compared with full-month February. Pipeline deliveries, meanwhile, were 1.07 million b/d for the two weeks, also steady, Energy Intelligence estimates. To be sure, Druzhba shipments to Europe are now seen at ... (full story)

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  • Category: Fundamental Analysis