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Russia's Refined Oil Exports Hit Seven-Month High
Russia’s exports of refined oil products rose to their highest level in over seven months in the four weeks to December 24, as Russian refiners boosted petroleum processing, data from Vortexa compiled by Bloomberg showed on Thursday. During the four weeks to December 24, the four-week average exports of fuels out of Russia stood at around 2.6 million barrels per day (bpd), an increase of around 157,000 bpd from the four-week average to December 17, according to the data. However, the more inconsistent data on weekly fuel shipments showed that in the week to December 24, Russian petroleum product exports were down ... (full story)