Russian oil shipments up despite production cut – Bloomberg

May 3rd 2023 8:04am EDT

Moscow has pledged to reduce output by 500,000 barrels a day in response to Western sanctions Aggregate flows of Russian crude jumped to 4.08 million barrels per day (bpd) in the seven days to April 28, despite the Western sanctions and Moscow’s output cut, Bloomberg reported on Wednesday citing tanker-tracking data. The exports reportedly exceeded […]

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