Bloomberg reported that Russia’s crude oil exports by sea reached their highest annual level in the second week of April.
According to this report, Russia’s crude oil exports by sea increased by 560,000 barrels in the week ending April 14, reaching 395 million barrels per day, which is considered the highest level since May 2023.
The four-week average of these exports, which is accompanied by less fluctuation, also increased significantly, reaching about 366 million barrels per day with an increase of approximately 250,000 barrels per day, marking the highest level since early June 2023.