Ahead of the EU embargo, Russia’s exports of crude oil and gas condensate in November sunk to a one-year low of 4.6 million b/d.Exports of petroleum products, however, touched a nine-month high as Europe loaded up on diesel and Russia boosted gasoline exports to record levels.Russia’s exports of diesel and naphtha are scheduled to grow further in December. Save for later Print Download Share LinkedIn Twitter Russia exported 4.6 million barrels per day of crude oil last month, a decline of 70,000 b/d from October and nearly 700,000 b/d from the 2022 high of 5.4 million b/d in May. The last time oil exports were this low was in November 2021, when Russia was still under Opec-plus restrictions and refining runs were considerably higher.
