Oil news

Russia’s crude shipments are holding steady even as pressures intensify on the country’s critical oil trade, Bloomberg reports

Newsquawk Staff ·

  • Volumes averaged 3.27 million barrels a day in the four weeks to Feb. 1, according to vessel-tracking data.

What it means

Despite escalating pressures on Russia's oil trade, crude shipments remain stable at around 3.27 million barrels per day. This resilience could impact global oil supply dynamics and influence pricing in both WTI and Brent markets. Traders should monitor how sustained Russian exports may affect geopolitical tensions and broader commodity strategies.

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