Russian seaborne crude exports retreat from three-year highs: shipping data
Russian seaborne crude exports have fallen below post-pandemic highs set in April and May but continue to flow above pre-war levels, according to shipping data, despite Western sanctions designed to hurt Moscow’s oil revenues. Shipped crude exports averaged 3.34 million b/d from July 1-18, according to preliminary data from vessel analytics provider Kpler, down 300,000 b/d from the 3.64 million…