Russia’s seaborne crude exports rose in the week of April 16–22, potentially serving to further bolster President Vladimir Putin’s invasion of Ukraine.
Forty tankers loaded about 28 million barrels of oil from Russian export terminals in that week, according to vessel-tracking data and port agent reports collected and analyzed by Bloomberg.
That means that the average seaborne crude flow was 4 million barrels a day, marking a 25 percent increase against the week ended April 15.
One-fifth of the volume shipped from ports on the Black Sea and the Baltic and Arctic coasts is on tankers that do not display a final destination, although the majority are expected to be delivered to Asia, Bloomberg reported.
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