Russia’s seaborne crude exports slowly recover from 11-month low

Quick Summary:

Russia’s oil exports are showing signs of recovery, albeit bringing little benefit to the nation’s exporters because of declining prices for the barrels.

Turkey is now the only short-haul market for shipments from Russia’s western ports, with flows in the 28 days to August 11 unchanged at about 240,000 barrels a day, their lowest since February.

Despite the drop, the less volatile four-week average rose for a second week, increasing by another 80,000 barrels a day to a five-week high of 3.19 million.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Julian Lee / Bloomberg

Category: BusinessStartups

Markets: PhilippinesBulgariaChinaEgyptGermanyIndiaKazakhstanOmanPolandTurkeyUkraine

Topics: Exports Four-week Russia’s Crude Million Week Barrels August Average Flows Russia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 12:46:13 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1215 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22078094

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 55 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions