Russia Ships Less Crude Even as Key Baltic Port’s Flows Rebound
Russia shipped the least crude in more than a month, even as operations at its key Baltic port recovered strongly from an earlier halt.
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel
(Bloomberg) — Russia shipped the least crude in more than a month, even as operations at its key Baltic port recovered strongly from an earlier halt.
In the four weeks through Oct. 25, overseas crude flows edged lower to 3.55 million barrels a day, tanker data compiled by Bloomberg showed. That was down by 30,000 barrels a day from the period to Oct. 18, to the lowest in five weeks. The drop came despite a rebound in weekly flows.
A total of 12 tankers left the Primorsk terminal near St. Petersburg last week. That compared with just four the previous week, which saw a three-day gap in arrivals and departures. Similar interruptions in the past were linked to maintenance.
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