Russia’s crude shipments surged last week, recovering almost all of the previous slump. Seaborne exports to European buyers rose to the highest level since April, as some refiners continue to process barrels, even after Moscow’s invasion of Ukraine.
Total flows rose to 3.41 million barrels a day in the period to August 19, vessel-tracking data monitored by Bloomberg show. That compares with 3.24 million previously, using a four-week moving average to smooth out variability in the figures.
