2 Days
Source:
الاقتصادية
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Russia boosts oil exports amid falling prices
Russia's crude oil exports have surged to record levels over the past four weeks, reaching an average of 4.13 million barrels per day, the highest since the invasion of Ukraine in 2022. This has led to a significant buildup of barrels at sea, with approximately 133 million barrels of oil currently floating, marking an increase of nearly 34% from mid-April levels. Despite the rise in shipments, Russian crude prices have fallen to half of what they were at the beginning of May, as challenges persist in selling oil in global markets.
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