>(Bloomberg) — Russia’s crude exports fell sharply during the final weeks of 2025 and into the new year. A 14th straight drop in prices combined with the smaller flows sent the value of shipments to the lowest since the invasion of Ukraine in February 2022.
>The country shipped 3.43 million barrels a day in the four weeks to Jan. 4, according to vessel-tracking data compiled by Bloomberg. That’s down by about 440,000 from the period to Dec. 21, with lower shipments from the key Pacific port of Kozmino driving the drop. The flows are volatile, affected by weather, sanctions and the timing of shipments.
>Prices of Russian crudes have fallen more steeply than those for global benchmarks following [US sanctions](https://www.bloomberg.com/news/articles/2025-10-22/us-sanctions-russia-s-rosneft-lukoil-amid-ukraine-peace-push) on Moscow’s two largest exporters, Rosneft PJSC and Lukoil PJSC in October. Urals crude is trading below $35 a barrel in both the Baltic and the Black Sea, about 60% of its price on Oct. 1, with the Pacific ESPO grade down by 25%. In contrast, North Sea Dated crude has lost just 10% of its value over the period, according to Argus Media.
>[…]
>Crude Shipments
>A total of 30 tankers loaded 21.46 million barrels of Russian crude in the week to Jan. 4, vessel-tracking data and port-agent reports show. The volume was down from 23.59 million barrels on 32 ships the previous week.
>On a daily average basis, shipments in the week to Jan. 4 fell to 3.07 million barrels a day, down by about 290,000 barrels a day from the previous week and by 980,000 barrels a day from the week to Dec. 21. The drop took them to the lowest since August.
>Separately, two cargoes of Kazakhstan’s Kebco grade were shipped from Novorossiysk and one from Ust-Luga during the week. One of two working moorings at the nearby CPC terminal, damaged in a sea-drone attack in November, has still not been replaced, which may have resulted in some Kazakh barrels being diverted to Novorossiysk.
>The drop in flows over the past two weeks has been driven by fewer shipments from the Pacific port of Kozmino and from the Black Sea terminal at Novorossiysk.
>Export Value
>On a four-week average basis, the gross value of Moscow’s exports fell to $960 million a week in the 28 days to Jan. 4, sliding by 10% from the figure for the period to Dec. 28. Average prices fell for the 14th straight week and combined with the drop in flows to take the value of shipments to the lowest since at least the start of Russia’s invasion of Ukraine in February 2022.
>Using this measure, the export prices of Russia’s Urals from the Baltic and Black Sea fell by about $1.10 a barrel to $36.69 and $34.82 respectively. The price of Pacific ESPO crude dropped by $0.90 to average $47.55 a barrel. Delivered prices in India also fell by $0.90 to $54.64 a barrel, another new low for the period since March 2023. All prices are according to numbers from Argus Media.
>On a weekly basis, the value of exports averaged about $835 million in the 7 days to Jan. 4, down by 11% from the period to Dec. 28, with the drop in flows boosted by a decline in prices.Â
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ed8907 on
# r/upliftingnews
ed8907 on
A few years ago (maybe 2011-2012 when the Arab Spring was happening) I read an article that said lower oil prices are beneficial for humanity not only because of the economic aspect (more disposable income that helps the economy), but because lower oil prices also shatter the plans of tyrants and terrorists. I will never forget those words.
3 commenti
>(Bloomberg) — Russia’s crude exports fell sharply during the final weeks of 2025 and into the new year. A 14th straight drop in prices combined with the smaller flows sent the value of shipments to the lowest since the invasion of Ukraine in February 2022.
>The country shipped 3.43 million barrels a day in the four weeks to Jan. 4, according to vessel-tracking data compiled by Bloomberg. That’s down by about 440,000 from the period to Dec. 21, with lower shipments from the key Pacific port of Kozmino driving the drop. The flows are volatile, affected by weather, sanctions and the timing of shipments.
>Prices of Russian crudes have fallen more steeply than those for global benchmarks following [US sanctions](https://www.bloomberg.com/news/articles/2025-10-22/us-sanctions-russia-s-rosneft-lukoil-amid-ukraine-peace-push) on Moscow’s two largest exporters, Rosneft PJSC and Lukoil PJSC in October. Urals crude is trading below $35 a barrel in both the Baltic and the Black Sea, about 60% of its price on Oct. 1, with the Pacific ESPO grade down by 25%. In contrast, North Sea Dated crude has lost just 10% of its value over the period, according to Argus Media.
>[…]
>Crude Shipments
>A total of 30 tankers loaded 21.46 million barrels of Russian crude in the week to Jan. 4, vessel-tracking data and port-agent reports show. The volume was down from 23.59 million barrels on 32 ships the previous week.
>On a daily average basis, shipments in the week to Jan. 4 fell to 3.07 million barrels a day, down by about 290,000 barrels a day from the previous week and by 980,000 barrels a day from the week to Dec. 21. The drop took them to the lowest since August.
>Separately, two cargoes of Kazakhstan’s Kebco grade were shipped from Novorossiysk and one from Ust-Luga during the week. One of two working moorings at the nearby CPC terminal, damaged in a sea-drone attack in November, has still not been replaced, which may have resulted in some Kazakh barrels being diverted to Novorossiysk.
>The drop in flows over the past two weeks has been driven by fewer shipments from the Pacific port of Kozmino and from the Black Sea terminal at Novorossiysk.
>Export Value
>On a four-week average basis, the gross value of Moscow’s exports fell to $960 million a week in the 28 days to Jan. 4, sliding by 10% from the figure for the period to Dec. 28. Average prices fell for the 14th straight week and combined with the drop in flows to take the value of shipments to the lowest since at least the start of Russia’s invasion of Ukraine in February 2022.
>Using this measure, the export prices of Russia’s Urals from the Baltic and Black Sea fell by about $1.10 a barrel to $36.69 and $34.82 respectively. The price of Pacific ESPO crude dropped by $0.90 to average $47.55 a barrel. Delivered prices in India also fell by $0.90 to $54.64 a barrel, another new low for the period since March 2023. All prices are according to numbers from Argus Media.
>On a weekly basis, the value of exports averaged about $835 million in the 7 days to Jan. 4, down by 11% from the period to Dec. 28, with the drop in flows boosted by a decline in prices.Â
>[…]
# r/upliftingnews
A few years ago (maybe 2011-2012 when the Arab Spring was happening) I read an article that said lower oil prices are beneficial for humanity not only because of the economic aspect (more disposable income that helps the economy), but because lower oil prices also shatter the plans of tyrants and terrorists. I will never forget those words.