Russian Crude Oil Exports Plummeted At The End Of 2022 | OilPrice.com

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Russian Crude Oil Exports Plummeted At The End Of 2022 | OilPrice.com
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Russia’s overall crude oil exports by sea dropped by 117,000 barrels per day (bpd) on a four-week average basis to 2.615 million bpd for the final four weeks of 2022.

, declining flows to Asia due to bad weather, and what appears to be a shortage of tankers to carry Russian crude on longer voyages.

Russian crude wasn’t exported to northern Europe last month, while the only EU destination for a small part of Russia’s exports was Bulgaria, which had secured a temporary exemption from the EU embargo on seaborne imports of Russian crude. China, India, and Turkey were the main destinations of Russian crude oil exports in the last four weeks of 2022. However, exports to India and Turkey may have also dropped in December, according to Bloomberg.

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