Russia’s oil exports in December sunk to a 16-month low of 4.34 million b/d as shipments out of the Baltic Sea plummeted.Exports of petroleum products touched a 10-month high of about 3 million b/d as Europe stockpiled diesel ahead of the Feb. 5 embargo.Data for the first week in January show a sharp decline in pipeline shipments to Europe, while exports to Asia are ramping up. Save for later Print Download Share LinkedIn Twitter The crude oil and refined products embargoes by the EU are having a discernible impact on Russian flows.
