Russia's Crude Exports Rise Ahead of OPEC+ Talks

Reported about 20 hours ago

Russia’s seaborne crude exports increased by approximately 50,000 barrels per day recently, as the country prepares for essential OPEC+ discussions regarding production policy. Despite the ongoing sanctions from Western nations aimed at cutting Russia's oil revenue, Moscow's oil flows remain intact, backed by a growing fleet of tankers operating outside regulatory reach. The upcoming OPEC+ meeting may further delay plans to restore output, with analysts predicting a three-month postponement of such initiatives.

Source: YAHOO

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