Russia’s Fuel Exports Jump to 8-Month High

Following the end of autumn maintenance season at refineries, Russia’s shipments of refined petroleum products have surged so far in November to their highest level in eight months, data compiled by Bloomberg showed on Wednesday. During the first 20 days of November, Russian fuel exports by sea averaged 2.3 million barrels per day (bpd), up by 18% compared to October, according to Bloomberg’s estimates on data compiled from analytics firm Vortexa. The surge in refined product exports came as several refineries returned from maintenance,...