Quarterly crude exports lowest since 2016

摘要

Pipeline crude exports to non-CIS destinations, including transit fows, are sched- uled at a fve-year quarterly low of 4.3mn b/d (54.45mn t) in July-September. The 4pc quarter on quarter and year-on-year drops refect an expected increase in Russian refnery runs this summer. But exports through the Transneft system may be higher than planned in the third quarter, traders say.