Russian oil exports down 54% in the first week after price cap at $60 per barrel

Russian crude oil sports by sea fell by 1.86 million barrels per day. Now this indicator is 1.6 million barrels.

Bloomberg notes that one of the reasons for the drop in exports is also technical work at the "Prymorsk" port — shipments in the Baltic Sea have been reduced from eight to three tankers per week.

Photo: Bloomberg