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Russia’s Total Crude Oil Exports Dipped by 2.2% in 2024

Russia’s Total Crude Oil Exports Dipped by 2.2% in 2024

Russian crude oil exports, including overseas shipments and pipeline deliveries, fell by 2.2% in 2024 from a year earlier, Russian business daily Kommersant reported on Monday, citing a source with knowledge of Russia’s oil export data. Moscow classified oil production and export data after the invasion of Ukraine and the sanctions and embargoes that the West imposed on Russia in efforts to reduce Putin’s oil revenues. Exports of crude out of Russia declined by 2.2% to 295.12 million tons last year, including transit volumes out of…

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