Russian Oil Exports Set for July Dip

摘要

Russian oil pipeline monopoly Transneft has penciled in seaborne crude oil shipments from the country’s key export outlets at 2.74 million b/d (11.58 million metric tons) for July, down by 54,000 b/d on the volume scheduled for June. Russian exports alone, excluding transit volumes from Kazakhstan, Azerbaijan and Turkmenistan, are set to decrease by a modest 16,000 b/d to 2.4 million b/d.