RUSSIA DATA: Crude oil exports fall 12% in 1H June
2 Jul 2021
Quantum Commodity Intelligence - Russian crude oil exports to countries outside the commonwealth of independent states totalled 104 million mt in the first six months of the year, down 12% on the same figure in 2020 as domestic consumption rose, government figures showed Friday.
The figures correspond to 4.2 million bpd.
In June, Russia exported 18.49 million mt of crude oil to non-CIS countries, up 7.8% on the year and a figure equivalent to 4.52 million barrels.
Russia has been increasing production this year, in line with its obligations under OPEC.