Russian oil product exports hit decade low in July amid Ukraine strikes

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Russian exports of petroleum refined products via sea reached a decade-low in July, dropping to 1.18 million barrels per day amid ongoing Ukrainian strikes on refining infrastructure. Despite this, crude oil exports remain high though below the June peak.

Russian seaborne exports of petroleum refined products fell to the lowest in at least 10 years in July, while crude exports remained high, despite falling from a June peak, according to cargo-tracking data, as Ukraine continued strikes on Russian refining infrastructure. In July, Russia’s product exports fell to 1.18 million barrels/day from 1.51 million b/d ...