Russia’s Crude Oil Shipments Slump

Russian crude oil shipments dipped to a two-month low in the four weeks to November 17, as loadings from Russia’s Western ports slumped, tanker-tracking data monitored by Bloomberg showed on Tuesday. In the four weeks to November 17, Russian crude oil exports by sea dipped to 3.28 million barrels per day (bpd), down by 150,000 bpd compared to the previous four-week average to November 10, according to the data reported by Bloomberg’s Julian Lee. The decline in exports was the biggest since the end of July. The weekly exports in the...